Ryanair boss Michael O’Leary becomes dissenting voice on Europe’s economic recovery, warning of ‘recessionary feel’ amid low ticket demand
The Ryanair CEO worries that consumer confidence might be lagging ahead of the crucial summer season, and he may have a point.
Ryanair boss says 'recessionary feel' may be limiting air ticket price rises
Ryanair CEO Michael O'Leary said on Monday that a "recessionary feel around Europe" could be a factor in slower-than-expected growth in airfares as the low-cost carrier posted record annual profits slightly ahead of expectations.
Ryanair’s Michael O’Leary thinks ‘recessionary feel’ across Europe is pushing down fares
Ryanair CEO Michael O’Leary said there may be some “recessionary feel” in the market as ticket pricing remains softer than anticipated across Europe for the airline.
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?
Although shares in the Dublin-headquartered company were down in morning trading, Ryanair’s stock has nonetheless dramatically outperformed its two main European competitors, Br
Ryanair chief says recessionary feeling in Europe is limiting fares
Ryanair’s chief executive blamed what he called a “recessionary feel around Europe” for the airline’s inability to increase prices very much.
Michael O'Leary suggests Ryanair passengers can't afford higher fares
Irish budget airline Ryanair blamed higher interest rates and low consumer confidence after finding demand was not as intense as anticipated in April, May and June.
EY lines up next Charlotte leader as Malcomb Coley plans to retire
Ernst & Young has promoted Michael O'Leary to serve as Charlotte managing partner, starting July 1. O'Leary will succeed ...
Skift6d
Ryanair: ‘We Don’t Care’ Who the Next Boeing CEO Is — Here’s Why
With Ryanair one of the plane maker's biggest customers, Michael O’Leary's comments will likely carry extra weight at Boeing HQ. Ryanair is one of Boeing’s biggest customers, so you’d think ...
Daily Mail6d
Ryanair boss Michael O'Leary suggests passengers can't afford higher fares due to interest rate hikes and a 'recessionary feel' around Europe - as airline says ticket prices ...
Chief executive Michael O'Leary said this came after 'not managing to do much on pricing' for the past 18 months following the post-pandemic reopening of travel. And this followed average fare ...
Lovin Dublin3d
Ryanair announce they’ll now be serving cocktails on flights with Michael O’Leary-approved prices
Ryanair have announced that they will be serving a range of cocktails on their flights, with some starting at under a tenner.
The Times5d
Michael O’Leary’s big prize is on the horizon
And a soaring style based on endless action from the wings. In many ways, Michael O’Leary is already surpassing the feats of the “unique manager”, as he calls him, at the team he supports. Yet ...
“Structure and skill”: Warriors coach O’Leary talks what to expect from London Knights
The good thing is none of that was a surprise to Warriors head coach Mark O’Leary. Thanks to rigorous video preparation prior ...
Reuters6d
Ryanair boss says 'recessionary feel' may be limiting air ticket price rises
opens new tab CEO Michael O'Leary said on Monday that a "recessionary feel around Europe" could be a factor in slower-than-expected growth in airfares as the low-cost carrier posted record annual ...