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The Latest Breaking News from Michael OLeary

Resist the corporate lobbyists: FTSE 100 bosses do not need US-style bonuses

The idea that executive pay should reflect American remuneration to help retention has no basis in reality

The Guardian - UK

Ryanair boss Michael O’Leary heads for €100m bonus

No-frills airline’s shares hit record high, taking chief executive closer to massive payout

The Guardian - UK

CEO of Europe’s largest budget airline brushes off Italy’s investigation into low-cost carriers as a ‘joke’

Ryanair CEO Michael O'Leary blamed Italy's "populist" government for an investigation into the airline's pricing strategies.

Fortune

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read the most diverse news in one place.

Record summer at Ryanair helps low-cost airline announce first regular dividend

Shareholders to get €400 million in first set of regular payouts

Evening Standard

Ryanair makes £120 profit per second over summer as fares soar by 24%

Passengers boarded at an average rate of 400 per minute between April and September

The Independent UK

Ryanair to reward shareholders as it heads for record profits after fares rise

Airline to pay regular dividends as finance boss says consumers are going to continue spending

The Guardian - UK

Airlines rage about bank holiday Monday air traffic control meltdown

‘The numpties at Nats didn’t tell us. We had to find out from someone else that they’d crashed their system,’ says Ryanair’s Michael O’Leary

The Independent UK

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Ryanair: Air traffic control chaos happened as Nats ‘collapsed their system’

Chief executive Michael O’Leary said processing flight plans with duplicate waypoints is ‘not something complicated’.

The Independent UK

Michael O’Leary accuses Nats boss of ‘incompetence’ in furious row over air-traffic control failure

‘Your system engineers were sitting at home drinking tea instead of being onsite and ready to deal with a total system failure,’ says Ryanair boss in heated exchange of letters

The Independent UK

Taylor Swift’s ‘The Eras Tour’ dances to No. 1 at the box office, eyeing ‘Joker’ film record

‘The Eras Tour’ could be the highest-grossing concert film ever, debuting at between $95 million and $97 million on North American screens, distributor AMC reports.

Chicago Sun-Times

Taylor Swift reigns over box office with 'The Eras Tour' earning a record $130 Million

Movie theatres turned into concert venues this weekend as Swifties brought their dance moves and friendship bracelets to multiplexes across the USA. The unparalleled enthusiasm helped propel "Taylor Swift: The Eras Tour" to a massive, first place debut between $95 million and $97 million in North America, AMC Theatres said…

The Times of India

Ryanair boss defends ‘no compromise’ rules – saying they mean low fares

Exclusive: ‘Ryanair is a very simple business. We operate with very simple policies’ – CEO Michael O’Leary

The Independent UK

Ryanair and Michael O’Leary’s eastern promise to help rebuild Ukraine

The Man Who Pays His Way: Ryanair is seeking first-mover advantage – promising flights from Kyiv, Lviv and Odesa within weeks of a ceasefire

The Independent UK

Ryanair cuts winter flights schedule due to plane delivery delays

Budget carrier to reduce number of aircraft at several airports across Europe including East Midlands Airport

Evening Standard

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The Independent UK

Ryanair cuts flights due to plane delivery delays

It will reduce the number of aircraft it planned to base at several airports across Europe, including East Midlands Airport.

Fortune

COVID outbreak among ATC staff causes flight chaos at London Gatwick

The airport will process 164 fewer flights than planned after COVID-19 and other illness put 30% of ATC staff out of action.

The Independent UK

Gatwick air traffic control disruption: What is happening and why?

At least 5,000 people began Friday a long way from where they intended to be after a controller fell sick the day before

The Independent UK

Thousands impacted as Gatwick air traffic control hit by staff shortages

It comes just two weeks after a Nats technical glitch caused widespread disruption at airports across the UK.

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news in one place.

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The Guardian - UK

‘Be very afraid’: what I learned from a 26-hour Ryanair delay

The Guardian’s former money editor endured two days of misery after he and others were bumped off an overbooked flight

Fortune

Climate activists greet Ryanair’s CEO with a pie in the face, but he rips them for using artificial cream: ‘I invite passengers to come to Ireland where the cream is better!”

The aviation sector has pledged to reach net-zero emissions by 2050, but activists want change now, and they’re not above a vaudevillian prank.

Evening Standard

Ryanair boss Michael O’Leary hit with cream pies by eco activists

The incident happened on Thursday morning as he was preparing to hand in a petition

Fortune

Ryanair CEO slams U.K. air traffic service’s explanation for meltdown that forced him to cancel 370 flights

“This inaccurate and rubbish preliminary report is not acceptable,” Ryanair CEO Michael O'Leary said.

The Conversation

Air traffic control chaos: how human error can lead a tiny glitch to spiral out of control

Several thousand passengers were stranded at airports, hotels and connection depots following the recent system-wide glitch of the UK air traffic control systems. Some passengers were told of flight cancellations in advance, so they could make alternative travel plans.

Evening Standard

Ryanair boss says air traffic chaos report ‘full of rubbish’

Michael O’Leary said a report into the air traffic control failure on August 28 is ‘bogus’

The Guardian - UK

Markets rally as China steps up support for economy and Country Garden strikes debt deal – as it happened

Rolling coverage of the latest economic and financial news, as stocks rally as Country Garden agrees extension to its onshore debt payments

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