Classic cars and super-yachts at Mallorca’s most luxurious rally event, the Oris Rally Clásico at Puerto Portals May 6, 2016 Thanks to its clubbing capital Magaluf, Mallorca has developed an unfair reputation as a place full of barely-clothed, sunburnt Brits, all clambering over each other to contract the latest, greatest sexually transmitted disease. There are a few locations actively attempting to repair that perception, though, by attracting lovers of sport and culture to the island, [...]
Ryanair boss Michael O’Leary urges Britain to vote Remain May 6, 2016 Ryanair chief executive Michael O'Leary has urged Britons to vote Remain in the upcoming EU referendum, telling voters they have been "sold a lie" about what will happen after the election. Speaking on BBC's Question Time, O'Leary told his audience: "You should stay." He issued a stark warning to voters: "You're being sold a lie [...]
Michael O’Leary comes out all guns blazing ahead of Question Time tonight May 5, 2016 Break a leg, Michael O'Leary. The Ryanair boss is due to make his first appearance on BBC's Question Time tonight, but it looks like there's some topics already on the agenda after lary O'Leary said that cyclists should be "shot". O'Leary is known for his outrageous sound-bites, but really went to town at a conference on Wednesday night when [...]
Airlines will have to cut fares after Brussels attacks, says Ryanair chief executive Michael O’Leary April 12, 2016 Airlines are going to have to cut air fares after the Brussels attacks, Ryanair's chief executive has warned. Michael O'Leary warned on Tuesday that fares will have to be reduced as nervousness around flying has increased after last month's attacks in Brussels. "In January-March we'll see a €10-20m hit. That's due to the air traffic [...]
City better wins big on a modest bet at the Grand National, but one high-flyer wasn’t so lucky April 10, 2016 Congratulations to the unnamed City worker who made a handsome profit on the Grand National this weekend. Bookies at Ladbrokes tell The Capitalist that a besuited worker visited the firm’s Moorgate branch last week to place a modest £50 bet on winner Rule the World; owned by Ryanair boss Michael O'Leary and then an outsider at [...]
Ryanair boss Michael O’Leary wants to retire his Grand National-winning horse Rule The World April 10, 2016 Owner Michael O’Leary wants to retire Rule The World after the injury-plagued nine-year-old defied odds of 33-1 to win the Grand National on Saturday at Aintree. Ryanair chief executive O’Leary fears that further outings could risk damaging a horse who has battled back from two pelvic fractures, but has vowed to leave the decision to [...]
Drug makers pop after Pfizer deal sinks, taking FTSE 100 up for the day April 6, 2016 A last-hour surge saved the FTSE 100 from another unspectacular day, as the afternoon rally helped the blue chip index climb up 1.2 per cent to close the day on 6,161, and a surprise fall in US oil stocks put some energy into oil prices which also gained handsomely. It wasn’t quite a green sweep [...]
Easyjet traffic hit by air traffic controller strikes and terrorism April 6, 2016 Easyjet is expected to return to the red for the first half of the year after French air traffic controller strikes and the terrorist attacks in Belgium hurt traffic volumes in March. The Luton-based budget airline said 611 flights were cancelled last month, blaming the majority on strike action in France. Load factors (the proportion [...]
Brussels attacks: Ryanair, EasyJet, Thomas Cook, InterContinental Hotels’s and American Airlines share prices fall after explosions March 22, 2016 Shares in holiday firms sank today, in the wake of two explosions at Brussels' Zaventem Airport, and a third at the Maalbeek metro station, which are believed to have killed at least 34 people and wounded more than 130 between them. Airlines were particularly affected: Shares in American Airlines, which was said to be the target of this [...]
Ryanair slams French air traffic controller unions as “selfish” for striking and calls for ban on industrial action March 20, 2016 Budget airline Ryanair has hit out at French air traffic controller (ATC) unions over strikes that have seen hundreds of flights cancelled across Europe. The company released a statement this evening repeating its call on the French government and EU Commission to "take action to prevent European consumers regularly being held to ransom by tiny numbers of [...]