but he might just pull it off. He'll need the oil price to stay low, and passenger volumes to be high. He'll get the volume but the oil price is another thing altogether - that will depend on demand for oil, and that will depend on how rapidly world economies recover.
The key to airline success is passenger volume, so we'll see. I would have no hesitation in flying across the Atlantic with Ryanair - it's just an ocean, and once an aircraft is airborne it's no more dangerous to fly for seven or eight hours than for two or three.