Ryanair boss Michael O’Leary to stay until 2028 as airline sorry for ‘mishandling’ press at AGM O'LEARY Ryanair’s boss Michael O’Leary is in talks to extend his contract until 2028, as the company said sorry for “mishandling” the press at its AGM this morning. The chief executive told journalists on Thursday that he was hoping to sign the papers by March, subject to agreement on terms. O’Leary also apologised after reporters were [...]
Ryanair boss O’Leary expresses doubts over Boeing deliveries CASTING DOUBTS Ryanair’s boss Michael O’Leary has voiced doubts over Boeing’s ability to deliver an order of 737 MAX aircraft. “They are running late at the moment, there are problems with production in Seattle and we want to understand those problems,” O’Leary told journalists on Wednesday. According to the chief executive, Ryanair has ordered 210 737 MAX [...]
Ryanair boss Michael O’Leary: We will grow stronger in a recession RYANAIR Ryanair’s chief executive Michael O’Leary said the airline will grow stronger amid the UK’s predicted recession. The low-cost carrier said that people will not stop travelling altogether, but they will shy away from more expensive fares put forward by competitors. “People in a recession will get much more price sensitive,” O’Leary told reporters today during [...]
Ryanair adds one million extra seats to UK winter schedule August 23, 2022 Ryanair has announced it was adding one million extra seats to its winter schedule while the likes of British Airways (BA) continue to axe flights. The airline now expects to carry 166.5 million passengers by the end of the year – 1.5 million more than initially predicted. The low-cost carrier said it was increasing its [...]
Era of 10 euro budget tickets is officially over, says Ryanair boss Michael O’Leary August 11, 2022 Ryanair’s chief said this morning that the airline’s trademark 10 euro fares will not be seen for a “number of years” due to soaring fuel prices. In an interview with BBC Radio 4’s Today programme, Michael O’Leary said he expected Ryanair’s average fare to rise by about 10 euros over the next five years, from [...]
O’Leary deserves credit for flying Ryanair through the Covid-19 storm July 25, 2022 Michael O’Leary is not everybody’s cup of Irish tea. But the Ryanair boss would be right to enjoy a celebratory cuppa aboard one of his flights (that’ll be €2, fella) as his airline returns to profitability in a summer marked by chaotic scenes across Europe at his rivals’ check-in desks. The story of how is [...]
Ryanair exec blames airports for travel chaos, arguing ‘they had one job to do’ July 25, 2022 Ryanair’s chief financial officer Neil Sorahan has blamed airports for the travel chaos, arguing they only had “one job to do.” “The airports themselves, they had one job to do and that was to make sure they have sufficient handlers and security staff,” Sorahan told the BBC’s Today programme this morning. “We managed to staff [...]
Ryanair flies into first profit in years despite merciless Ukraine beating in already ‘fragile’ market July 25, 2022 Ryanair has swung to a first-quarter profit despite airport disruption and a hit from the Ukraine war, but warned that the full-year outlook is unpredictable in a “fragile” market. The Irish airline reported profits after tax of £145m for the three months to June 30 against net losses of £233m a year ago as passenger [...]
Ryanair boss calls for ‘more common sense’ in implementing post-Brexit immigration rules July 22, 2022 Ryanair’s boss Michael O’Leary has called for “a bit more” of common sense on the government’s side when implementing post-Brexit immigration rules. The Irish executive urged transport secretary Grant Shapps to allow EU workers to work in the UK and ease the ongoing travel chaos. “We have this bizarre situation at the moment that in [...]
Flying above 2019: Ryanair posts busiest month ever with nearly 16m passengers in June alone July 4, 2022 Ryanair had its busiest month ever in last month, flying 15.9 million passengers. Its load factor reached 95 per cent for the first time since the beginning of the pandemic, and topped previous records set in May this year. The budget airline said it operated over 88,500 flights in June, and expects to fly 15 [...]