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The Guardian - UK
The Guardian - UK
Business
Gwyn Topham

Ryanair’s Michael O’Leary: ‘There isn’t enough cooking oil in the world to power one day of green aviation’

Michael O'Leary with his chin in his hand at a Ryanair event
Michael O'Leary: ‘If you can move cars to an electric fleet … It’s the only way we’re going to get anywhere close to net zero by 2050.’ Photograph: Tolga Akmen/Getty Images

Even in an age of astronomical executive pay, few bosses would be indifferent to the idea of gaining another €100m. And even fewer billionaires might regularly be seen lugging their own cardboard props into the cramped lift of a London hotel before a press conference.

But Ryanair’s Michael O’Leary, who is in line for a payout that could dwarf anything yet seen in aviation, has long given the strong impression of not being bothered about the megabonus soon heading his way. The airline’s chief executive will receive the payout, agreed in 2019, if the company hits long-term profit targets that are looking increasingly achievable.

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