Tag Archives: Michael O’Leary

Michael O’Leary: Ryanair will benefit from struggling European carriers

Ryanair’s (Dublin) flamboyant CEO expects his ultra low fare airline will benefit from pullbacks by some European carriers. O’Leary believes Scandinavian Airlines-SAS, Alitalia and Airberlin are carriers he expects to either shrink or merge according to this article by The Irish Times.

O’Leary also believes Aer Lingus (Ryanair owns a minority share), Iberia, Olympic Airlines and TAP Portugal also will face either cutbacks or consolidation.

O’Leary has also signed a contract extension with Ryanair through September 2019.

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Ryanair’s CEO Michael O’Leary proposes to feed airlines like Lufthansa and Air France-KLM

Ryanair‘s (Dublin) CEO Michael O’Leary never avoids any kind of publicity, good or bad. He is expert in garnering attention grabbing headlines with his proposals and often controversial statements.

In this interview with the Irish Independent, the flamboyant CEO says his ultra low-fare carrier could feed the big European carries like Lufthansa and Air France-KLM as they concentrate on competing against the Big Three of the Gulf (i.e. Emirates, Etihad and Qatar) for the discerning long-haul passengers. The on-going pilot’s strike against Air France reinforces his view that the current in-house feeder model is broken.

All three carriers are reportedly losing money on their intra-European feeder routes. Ryanair to the rescue?

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Ryanair:

Is Ryanair serious about $10 trans-Atlantic flights?

Ryanair‘s (Dublin) CEO Michael O’Leary has taken the art of getting noticed with his outlandish statements to the extreme. The airline thrives in both good and bad publicity. His latest use of the outlandish is to propose a possible ridiculously-low $10 fare across the Atlantic Ocean. Thwarted in its attempt to acquire a controlling stake in rival Aer Lingus, Ryanair is now floating the possibility of acquiring larger aircraft to fly across the Atlantic with its low air fares and compete against Aer Lingus and others. Are they serious or this the latest ploy to get headlines?