BIZARRE: 11 - What They Never Told You

Ryanair issues air fare warning as profits drop

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

The Independent UK · Jul 22, 2024

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 · Jul 22, 2024

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 · Jul 22, 2024

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 · May 30, 2024

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 · May 21, 2024

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 · May 20, 2024

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 · May 20, 2024

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 · May 20, 2024

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 · May 17, 2024

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 · Apr 25, 2024