Lean, mean flying machine gets S&P praise

Last week, the global financial ratings agency Standard & Poor’s published its first review of low-cost airline Ryanair.

Its contents are revealing on a number of fronts with relevance to Ireland, financial business models, and the ability of Irish corporates to perform at the highest level worldwide.

S&P tends to produce antiseptic reports that are high on clinical observation and low on verbiage. They are more akin to a doctor’s prescription that something penned by a wordsmith.