Ryanair boss could land near-£2bn payout after Elon Musk feud Aviation The boss of Ryanair could land a cash payout of as much as £1.7bn if the world’s richest man, Elon Musk, acts on his threats to buy the airline. Michael O’Leary, who has been chief executive of the County Dublin-based business for more than 30 years, has accumulated the sixth-largest stake in the company, with [...]
Elon Musk flirts with Ryanair acquisition and firing Michael O’Leary Transport and infrastructure The space-faring entrepreneur Elon Musk is pondering whether to ground his aspirations a little closer to earth, with suggestions on social media that he could acquire Ryanair and eject Michael O’Leary as chief executive. In a post on X, the Tesla and Space X chief asked his followers in a poll whether he should buy [...]
‘He’s an idiot’: Musk and Ryanair boss trade insults in Starlink row Business 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 [...]
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 [...]
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 [...]
Easyjet update in focus after flights cancelled due to French strikes July 13, 2025 Easyjet will be looked to for any guidance on the impact of recent French air traffic control strikes when it updates on Thursday after it revealed hundreds of flights had to be cancelled. The group joined budget rival Ryanair in scrapping flights to and from France for two days in July due to the industrial action, [...]
Ryanair axes 800 flights due to Middle East conflict July 2, 2025 Ryanair has said it axed more than 800 flights last month due to the conflict in the Middle East, even as monthly passenger traffic edged up. Europe’s largest airline by passenger numbers on Wednesday reported a three per cent year-on-year increase in traffic in June to 19.9m. Wizz Air, another budget airline with high exposure [...]
Wizz Air: Shares tank as profit tumbles June 5, 2025 Wizz Air reported a hefty drop in annual profit as it grapples with long-running supply chain issues and conflict in Ukraine and the Middle East. Shares tanked 22.7 per cent as markets opened on Thursday. Annual operating profit fell 51.7 per cent year-on-year to €167.5m (£141m), below analyst expectations, even as passenger traffic hit a [...]
Ryanair boss Michael O’Leary qualifies for monster €100m bonus May 29, 2025 Ryanair chief executive Michael O’Leary is set for a monster €100m (£84.2m) bonus after the Irish airline’s shares hit a key performance target. Shares in Ryanair closed at €23.74 on Thursday, marking the 28th consecutive day the stock has closed above €21 – the target O’Leary was set as part of a 2019 incentive scheme. [...]