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The Latest Breaking News from Michael OLeary

Ryanair issues air fare warning as profits drop

The average fare fell 15% to 42 euros (£35) year on year

The Independent UK

Ryanair profits nearly halved as the low-cost airline blames its ‘frugal’ customers for booking too many last-minute tickets

“We have tried in recent weeks to close off some cheap seats and price passengers up, but are meeting resistance,” CEO Michael O'Leary said.

Fortune

Business secretary expects to call in Czech billionaire’s Royal Mail takeover for review; Ryanair profits fall 46% – as it happened

UK business secretary Jonathan Reynolds says it is “reasonable” to expect Daniel Kretinsky’s £3.6bn takeover of Royal Mail would be subject to government review

The Guardian - UK

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read the most diverse news in one place.

Ryanair boss Michael O’Leary sees pay packet jump to $5 million as he chases 9-figure bonus

Michael O'Leary enjoyed a boost to his base salary, but his $108 million bonus awaits.

Fortune

Is it still safe to fly with Boeing? Everything you need to know after a string of high-profile incidents

Does ‘if it ain’t Boeing, I ain’t going’ ring true anymore? The Independent’s travel correspondent Simon Calder examines the problem-hit company

The Independent UK

Climate technology forgot the consumer is still king

We can’t blame consumers for climate change until we give them better options.

Fortune

Ryanair boss Michael O'Leary 'will make a fortune this Christmas' on passenger cap

Dublin Airport's 32 million passenger limit means O'Leary's Ryanair will charge passengers through the nose for seats.

Fortune

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European budget airline Wizz Air CEO defends his $127 million pay-out as it will help everyone—including its employees

Various factors affect CEO remuneration—and Wizz Air's Jozsef Váradi says his payout plan benefits all the company's stakeholders.

Fortune

Ryanair boss Michael O'Leary getting 'recessionary feel' from Europe customers

The Ryanair CEO worries that consumer confidence might be lagging ahead of the crucial summer season, and he may have a point.

Fortune

Ryanair's shares are up 14% since 2020, while low-cost rival EasyJet's are down 72%—what is CEO Michael O'Leary getting right?

Ryanair's low costs and decision not to lay off staff helped it recover faster from the pandemic.

Fortune

Ryanair flight prices jump 21 per cent in a year as profits reach £1.6bn

Former government minister Amber Rudd set to join airline’s board as non-executive director

The Independent UK

Ryanair profits soar as CEO warns on Boeing delays

Michael O’Leary today appointed former Home Secretary Amber Rudd to the airline’s board

Evening Standard

Tyson Fury and Mo Salah outearn Europe’s highest paid CEOs—but top U.S. execs trail only Cristiano Ronaldo's $260 million haul

Stellantis CEO Carlos Tavares had a compensation package worth $39.4 million in 2023, lower than any of the world's top 50 sports stars.

Fortune

Ryanair cancels hundreds of flights affecting 50,000 passengers due to strike action in France

Passengers are advised to check their airline's website for cancellations and delays

Evening Standard

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Evening Standard

Ryanair sues air traffic control body Nats over 'terrible' flight delays

Ryanair vows to claim compensation costs back after air traffic control meltdown last August

The Guardian - UK

French strike forces Ryanair to cancel more than 300 flights across Europe

Ryanair urges European Commission to protect overflights and keep EU skies open

Top News

Ryanair CEO Defends 9 Million Bonus As 'Very Good Value'

Ryanair CEO Michael O'Leary defends his potential 9 million bonus, comparing it to athlete salaries and emphasizing the airline's growth and controversi...

Evening Standard

Ryanair's O'Leary calls for head of UK air traffic system to go after August delays hit 0.7 million passengers

Working from home added to the impact of August’s delays, says independent report

The Guardian - UK

Willie Mullins brings up Cheltenham century after bookies avoid huge payout

Captain Guinness and Rachael Blackmore took advantage of the hot favourite El Fabiolo’s untimely exit in the Champion Chase

The Guardian - UK

Willie Mullins: ‘Is this the year we have a blowout at Cheltenham? The expectation is so heavy’

The Irish trainer is expected to dominate at the Cheltenham Festival once again with the milestone of 100 winners firmly in his sights

International Business Times UK

Ryan Air CEO Announces Air Fares May See 10% Increase

Ryanair is Europe's biggest airline by passenger numbers.

Evening Standard

Cheapest budget airlines as Ryanair plans to increase prices by 10% this summer

Fares in summer 2024 are going to be up again on summer 2023, Ryanair CEO Michael O’Leary says

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