‘He’s an idiot’: Musk and Ryanair boss trade insults in Starlink row January 17, 2026 A spat over in-flight Wi-Fi has spiralled into a verbal brawl between Elon Musk and Ryanair chief executive Michael O’Leary. The clash tumbled into the open after O’Leary dismissed Musk and his satellite internet business Starlink in a radio interview on Ireland’s Newstalk, calling him “an idiot”. The verbal row widened to O’Leary telling listeners [...]
eDreams ODIGEO Sets New Accelerated Growth Target to Reach Over 13 Million Prime Members by 2030, 40% Above Market Consensus November 19, 2025 Building on the success of its 2021-2025 strategic plan, which quadrupled subscribers and delivered a 62-fold increase in Cash EBITDA, eDO presents its next phase of growth. From this position of strength, the new multi-year plan targets over 13 million Prime members by 2030, driven by accelerated +15-20% annual growth (FY28-FY30). Enhanced value proposition with the introduction of flexible monthly and quarterly subscription options, following successful tests and customer feedback showing higher NPS (+10%) and long-term value (+13%). Plan to accelerate eDO’s evolution into a global, diversified multi-product subscription, driven by investments in new products such as Rail and international expansion, targeting 66% of eDO volume from new areas by 2030 (up from 43%). Strong financial position enables continued investment in growth while continuing shareholder returns, aiming to invest €100 million in share repurchases over the next 2 years.
Why a charity should own 10 per cent of your company’s shares November 5, 2025 The Notebook, where the City’s movers and shakers have their say. Today it’s James Reed with the pen The traditional model of capitalism is outdated and unsustainable — and I’m on a mission to change it. Yes, free markets based on short-term shareholder returns have delivered opportunities for people to succeed, encouraged innovation and entrepreneurship [...]
FTSE 100 Live: Reeves faces MPs grilling, blue-chip stocks fall November 4, 2025 Welcome back to City AM live blog, This morning, Rachel Reeves took to Downing Street to lay the grounds for the Autumn Budget. In a speech that raised eyebrows across the City, she attempted to offshore the blame for the country’s economic woes to the previous Conservative government. The Chancellor laid out the economic choices [...]
Ryanair boss Michael O’Leary says high tax UK economy is ‘doomed’ November 3, 2025 Michael O’Leary has said that the UK economy is “doomed to continue to fail” until the tax burden starts to come down. Asked on Sky News about what advice he would offer ahead of the Budget, the Ryanair chief said Rachel Reeves should reduce Air Passenger Duty (APD) and reverse “crazy” planned hikes to the [...]
FTSE 100 Live: Brave Bison eyes takeover, Ryanair earnings jump November 3, 2025 Good morning from the City AM liveblog team. A motor finance battle, hefty impairment charges and the shadow of 2008 all cast over banks third-quarter results but beneath the fog investors are rewarding the FTSE 100’s top lenders for another bumper quarter. The FTSE 350 banks index has risen nearly four per cent in October [...]
McKinsey isn’t dead, but the glamour of being a professional is September 10, 2025 The reports of McKinsey’s death are greatly exaggerated, despite what The Economist might say. What’s dying is the professional mythos, writes Lewis Liu.
London airports paused flights due to faulty air traffic control July 30, 2025 London airports temporarily paused departures as air traffic control suffered from a “technical issue”, causing mass delays at a busy time for holidays. The UK’s National Air Traffic Services (Nats) said it had solved a problem at its centre in Swanwick, Derbyshire as it was working to resume “normal operations” around London. “We continue to [...]
Ryanair profit more than doubles as fares jump July 21, 2025 Quarterly profit at Ryanair has more than doubled after the Irish airline benefitted from higher air fares and a later Easter. Profit after tax rose 128 per cent to €820m (£710m) over the three months ended June, alongside a 21 per cent increase in ticket prices. Revenue rose by a fifth to €4.34bn as the [...]
Easyjet takes £15m hit from ‘unacceptable’ French air traffic control strikes July 17, 2025 Easyjet has revealed a hit of around £15m from recent air traffic control disruption in France as it warned the “scale of industrial action” would impact annual profits. “We are extremely unhappy with the strike action by the French ATC in early July, which as well as presenting unacceptable challenges for customers and crew also [...]