So, here is my tip for a share to buy soon.  It is dear old Ryanair.

Why Ryanair?

Well, they have this scam ‘feature’ where they get you to say you’ll check in online (it is not immediately obvious how to change the option) and if you don’t subsequently remember that you have to check in online (if you fly a lot, then you are very likely to forget such things) they will charge you 20 Euro to check in at the airport.  Furthermore, the website won’t subsequently allow you to check in for the return journey and they charge you another 20 Euro for the return journey. This represents about a 50% increase in fare price.

The result is that Dublin, Stanstead, airports all over Europe have queues all day long at the ticket desks with people paying the fines. I have seen them over two days in both Dublin and Stansted. Myself and another guy in the queue calculated that Ryanair were making about 15,000 per day in Dublin Airport alone. The other thing about this ‘feature’ of Ryanair’s business model is that these fines cost almost nothing - no fuel, no pilots salaries, just a few people on a ticket desk frantically writing out receipts.

So, my guess is that if fuel prices stay low, Ryanair will post a big increase in profits next time round.

You heard it here first.