Ryanair CEO O'Leary on Boeing, Fares and Dividend

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  • Опубликовано: 1 фев 2025

Комментарии • 131

  • @devanman7920
    @devanman7920 Год назад +94

    I think we really need to start appreciating Michael a lot more here in Ireland and Europe. Hes allowed me to travel all over Europe which is something that simply wouldn't have happened without Ryanair.

    • @derekdempsey8506
      @derekdempsey8506 Год назад +3

      Alot of people knock everything here from the weather to U2,begrudge n knock....

    • @NicolaMulholland
      @NicolaMulholland Год назад +6

      Everyone in Ireland loves to complain about Ryanair and yet they all continue to fly Ryanair cause they're the cheapest. They've made air travel infinitely more accessible to the people of Ireland and Europe and they don't get enough credit for it. Plus the Ryanair social media team are legends 😂👏🏻

    • @georgebarnes8163
      @georgebarnes8163 Год назад

      He is a fkin gangster

    • @derekdempsey8506
      @derekdempsey8506 Год назад

      @@georgebarnes8163 ah would ya stop

    • @deanbrickland
      @deanbrickland 10 месяцев назад

      Yeah, as he would tell you, even if you didn't travel with Ryanair, they have forced competition and driven prices down

  • @mossy199
    @mossy199 Год назад +61

    I wish politicians (expecially in the UK) talked with so much fact and confidence like Michael does. 🙌

    • @christopheradderley6902
      @christopheradderley6902 Год назад +1

      He’s an excellent CEO. Laser focussed and informed.

    • @jompiii
      @jompiii Год назад

      I wish more people in the UK would stay home. Unfortuantly, people who should not be allowed to travel, are able to, thanks to this environmental catastrophe: Michael O'Leary and Ryanair...

    • @christopheradderley6902
      @christopheradderley6902 Год назад +2

      @@jompiii notwithstanding aviation accounts for 2.5% of global emissions; it’s continually improving and given it’s high-tech it’s making strides in fuel efficiency and fuel types.

    • @jompiii
      @jompiii Год назад

      @@christopheradderley6902 the most fuel efficient plane is the one staying on the ground. and the most well behaved brit, is the one staying sober at home

    • @christopheradderley6902
      @christopheradderley6902 Год назад +1

      @@jompiii developments in fuel technology filter down and across other sectors. People are not going to stop flying so we shouldn’t waste time and instead improve technology.

  • @thomaswardlaw247
    @thomaswardlaw247 Год назад +82

    The ordinary people of Ireland can now travel the continent thanks to Michael O'Leary

    • @HSTHoward
      @HSTHoward Год назад +2

      Ireland and all over Europe.

    • @dannybananas132
      @dannybananas132 Год назад +1

      but yet a train costs more to galway or cork from dublin. go to spain for 13e with RA or go to cork from dublin for 67e

    • @jompiii
      @jompiii Год назад

      Unfortunately for the continent. Idiotis flown around by Ryanair is becoming a huge problem for Europe.

    • @IrishSchaller
      @IrishSchaller Год назад

      ​@@jompiiiidiots are present on easyJet, Jet2, Wizz AND (shock horror) on BA, Lufthansa, Aerlingus. The world has become smaller for the idiots as well as others. Banning alcohol at airports would go a long way to curing most problems with the knuckle-grazers, you see some people rolling up to airports to get an early flight and spend their waiting time at the bar at 8 o'clock with pints of beer.

  • @KevinBower-gy5be
    @KevinBower-gy5be Год назад +18

    Refreshingly honest, clued-up and clever man. Everyone loves to complain about Ryanair, but they get the job done - and done cheaply. My life is a lot richer thanks to the places I've flown to for peanuts.

  • @shanemcgavock5925
    @shanemcgavock5925 Год назад +26

    Wow imagine a CEO answering direct questions honestly

  • @sheenodj
    @sheenodj Год назад +8

    Absolutely love Ryanair 👍 Micheal O’Leary is a genius.

  • @eamonnleyden7040
    @eamonnleyden7040 Год назад +22

    A few years back I got a Ryanair flight from London to Limoges in France for seven pounds I’ve seen people going from London to Dublin return to visit a nightclub cheaper than a cab fare across London.

    • @JM-ll2vv
      @JM-ll2vv Год назад +1

      It costs me more for a coffee and sandwich from Pret

    • @EinkOLED
      @EinkOLED Год назад +2

      Flew to Oslo torp from Stansted and back and many other places in 2009 for 4 pence return lol. Have flown with them all over Europe on over 200 flights since for no more than £80 return.

    • @eamonnleyden7040
      @eamonnleyden7040 Год назад

      @@EinkOLED your the man

    • @citrix123
      @citrix123 Год назад +2

      Flew cork Ireland to Liverpool for 24 hour piss up came straight from Liverpool pubs 7am to airport , got home , spent less than night out in cork 😂😂 put that in your carbon footprint and smoke it

    • @dannybananas132
      @dannybananas132 Год назад

      so true. dublin lad myself . london no flight to dublin so went somewhere think it was france

  • @paulcredmond
    @paulcredmond Год назад +17

    He's right. Never had a serious issue on Ryanair. One flight on Lufthansa this year delayed me 24 hours stuck in Amman and then they lost my bag. Totally useless airline.

    • @LolLol-cq4bh
      @LolLol-cq4bh Год назад +1

      Same as, flew 20 individual flights with Ryanair in 2022, and not a single mishap

  • @SM_TheTraveller
    @SM_TheTraveller Год назад +6

    Top ceo . Knows his stuff

    • @derekdempsey8506
      @derekdempsey8506 Год назад

      And he keeps his money in the post office in mullingar

  • @elgicko
    @elgicko Год назад +4

    Shrewd operator! Credit to Ireland!!

  • @randomscb-40charger78
    @randomscb-40charger78 Год назад +4

    Not one to be pedantic, but why are they using a photo of old Ryanair 737-200s in the thumbnail?

  • @les2169
    @les2169 Год назад +12

    Well what is even worse here is the in Europe I think Ryan Air and BA are the only well run airlines. Lufthansa I think received 10B euros of public money during Covid , Air France 3B , TAP 3B , Alitalia was never profitable in their history and was always maintained by the tax payer . They really have the nerve to Increase the prices in the shameless fashion, but the problem is that wasting tax payer money like that generates behaviours like that . Ryanair is actually fascinating if you are into Finance , as they revolutionised aviation in Europe and are one the healthiest in terms of finances , with strong balance sheet, and first of all very clever management and strategic plan . The only airline who actually planned how to exit pandemic stronger and growing, saving the consumer who otherwise would be on the mercy of the constrained capacity and high fares . The rest of the lot in Europe with all the tax payer money they emerged from Covid unprepared , lower capacity , higher prices - why would they care ? They don’t need to be comptetitive , worse case the tax payer will save them .

    • @tokarp390
      @tokarp390 Год назад

      Ryan Air takes subsidy from city councils .

    • @Rumpelstyltskin
      @Rumpelstyltskin Год назад +1

      BA is not well run.

    • @RazorMouth
      @RazorMouth Год назад

      huh???? @@tokarp390

    • @jamiegrant5955
      @jamiegrant5955 Год назад +1

      @@tokarp390 You're putting the carriage before its horse: Ryanair receives tax credits from some cities as a means of incentivising routes which wouldn't otherwise be profitable for them.

    • @richardterry.
      @richardterry. Год назад

      In my experience BA have consistently delayed departures - my last flights were 1.5 hrs on the out leg and 2.75 on the return. If there’s an option to fly with ANY other carrier I do.

  • @TheBigd1975
    @TheBigd1975 Год назад +9

    Can't fault ryanair at all. Been traveling with them 20 plus years. Read the instructions and follow the guide lines. Alot of us wouldn't be able to travel only for them

    • @devanman7920
      @devanman7920 Год назад +3

      Exactly and the guidelines couldn't be any simple. Never had a problem with them once. In fact when I lost my phone on holiday their staff at the airport couldn't have been more helpful and printed out my boarding pass with no hassle at all

  • @brachema
    @brachema Год назад +3

    Flew with Ryanair, very good.

  • @Rach09_
    @Rach09_ Год назад +1

    I flew RyanAir they r good nice staff dont knw why ppl keep complaining abt them chill they r cheaper and not selfish to raise prices especially at the booming aviation sector 😎 use it while u hav it

  • @SH3RIFF187
    @SH3RIFF187 Год назад

    He sticks with Boeing because if you train all pilots for one aircraft, that saves money and any pilot can fly any plane at any stage when trained.

  • @choppa1016
    @choppa1016 Год назад +2

    Legend

  • @briangasser973
    @briangasser973 Год назад +6

    I agree with the comment that Delta overpaid with the new pilot contract. Delta doesnt seem focused on improving shareholder returns.

    • @yellowboeing6030
      @yellowboeing6030 Год назад +3

      True but then again pilots make airplanes fly and shareholders just hold share.

    • @derekdempsey8506
      @derekdempsey8506 Год назад

      Yes that's what their there for to make money for the shareholders

    • @briangasser973
      @briangasser973 Год назад

      @@yellowboeing6030 Southwest, Frontier, and Spirit pilots also make their planes fly but for a lesser rate. With FedEx advising pilots of a slow down, I don't get the sense Delta management pushed as hard as they could to control costs.

  • @Fran-ik6ob
    @Fran-ik6ob Год назад +2

    Genius

  • @marlianmansion7982
    @marlianmansion7982 6 месяцев назад

    Stick it out Mikey.she love U

  • @timmurphy4844
    @timmurphy4844 Год назад

    All I wish he did long haul flights but I know its to costly for them

  • @tomm5228
    @tomm5228 Год назад +1

    Ryanair have changed lately pre booking a month ahead cheap going, very expensive return

  • @Success4u247
    @Success4u247 Год назад

    If this ran a country their would be no waste. People would have to start working the second they turn up for work. Civil servants would be none existent. No bureaucracy.and talented workers would be very well rewarded. And if you’re a slacker, you will be let a slacker, but you won’t have any wealth.

  • @steve9542000
    @steve9542000 Год назад +1

    I am a regular Ryanair passenger and still laugh at fools arguing about being charged for extra baggage when they adorn hand baggage and a handbag!
    ......thats 2 items of baggage! .....;€50 please! 😂😂😂😂

    • @aightm8
      @aightm8 5 месяцев назад

      A handbag is a personal item that can fit under the front seat. If you book priority, you get X1 10KG bag AND a personal item like a shopping bag/backpack or handbag.
      If you do not have priority. Then the limit is 1 personal item. Handbag/backpack/shopping bag that must fit under the seat.
      You need to read up on the rules yourself. Sounds like you're confused

    • @aightm8
      @aightm8 5 месяцев назад

      The charge you're describing is someone showing up with a 10KG suitcase who doesn't have priority.
      The handbag was never the issue. Those are always free on all ticket types

    • @steve9542000
      @steve9542000 5 месяцев назад

      @aightm8 I stand corrected, I was referring to turning up without any additional priority baggage.
      I bow to your superior knowledge in this case, my friend.
      I hope that doesn't trigger your anxiety in any way. 👍

    • @aightm8
      @aightm8 5 месяцев назад +1

      @@steve9542000 I'll recover

  • @bikeman9899
    @bikeman9899 9 месяцев назад

    MO'L is clearly a numbers guy, but he is more than that. What makes RA work is their focus on keeping costs low, being hyper efficient, and passing those returns onto customers via low fares and now shareholders via dividends. They are to airlines as Toyota used to be to auto manufacturers.
    But, he has a blind spot. In all of the financial models they develop in Dublin, they are assuming these 737 Max planes are safe. It is true the 737 has been a reliable and safe workhorse for RA, SWA and everyone else. The Max 8 and other variants are flawed IMO. Boeing has been deceptive and their choices led to the deaths of hundreds of ppl. MOL mentioned quality just once in this interview. Personally, im not flying on the MaX 8 or any other Max variation until it has been in service for many years without defects.

  • @jamesbartlett5640
    @jamesbartlett5640 Год назад +1

    He never go to Airbus as they won’t give him a discount like Boeing does.

    • @sdemosi
      @sdemosi Год назад

      Sure, but the door is always open to Airbus if they offer sufficient discount

  • @TrevorSmith-nm9mm
    @TrevorSmith-nm9mm Год назад +2

    I would like to thank Ryan air for making flying like getting a bus hassle free

  • @davidcorbett62
    @davidcorbett62 Год назад +1

    O Leary who has single handed lowered every airline standard throughout Europe. A man who says the max aircraft is a great aircraft but hundreds of dead passengers would not agree with. He won’t buy Airbus because they won’t lower their prices the way Boeing has. Yes he is correct in the fact Lufty etc is hiking up prices up not for any reason other than huge profits. I would prefer not too go on holiday than flying Ryanair, my standards don’t that that low

    • @aightm8
      @aightm8 5 месяцев назад

      Flying doesn't need to be a premium experience any more. It's a bus in the sky.
      I would understand back in the day. With no smartphones for films / shows / music. I would also understand for long haul, for some of the 3-4 hour flights around Europe I would pay the 20% premium.
      But aside from this. Comments like this just make me think you're an old person who raw dogs flights with no headphones and no tv series. Lol

    • @davidcorbett62
      @davidcorbett62 5 месяцев назад

      @@aightm8 you can’t even construct a proper sentence which makes me believe your a young person who didn’t finish school and to whom Ryanair is a luxury travel experience

    • @aightm8
      @aightm8 5 месяцев назад

      @@davidcorbett62 attacking the person instead of the argument. And a weak attack at that. Ad hominem you lose, try again next time.
      I fly short and medium haul many times a year. Luxury is not important on short distances. Hence why there is no business class in Europe.
      And the national carriers are not luxurious, if that is your idea of luxury I feel sorry for you.
      Actually, would you name a short haul European carrier you fly on?

    • @davidcorbett62
      @davidcorbett62 5 месяцев назад

      @@aightm8 your lack of knowledge singled you out for ridicule. Most main ie legacy airlines have business class onboard and in the last year I have flown on BA, Lufty KLm and upgraded my ticket on easyJet to front seats which have more legroom. Even Aer Lingus who did away with business class in the era of a certain notorious Irish dictator sorry chief executive is bringing it back on certain routes. Unlike you i don’t like to be squashed up with the great unwashed with my knees up round my jaw because i got a flight for a few pounds then was mugged for checking in a bag. By the way. Has your voice broke yet?

    • @aightm8
      @aightm8 5 месяцев назад

      @@davidcorbett62 Business class on short haul is usually just the middle seat blocked off. The only exception really are high frequency routes where SOME flights will have a larger long haul aircraft with a proper business class.
      I work 5 days from home so I work abroad for 3 months of the year. As an actual frequent flyer, I don't waste my own money on what is essentially a bus.
      Maybe for you flying is "special". For me it's a 2 hour movie on a tuesday.
      Bless

  • @Faulty720
    @Faulty720 Год назад

    Thats an extremely old picture

  • @aaesteve
    @aaesteve Год назад +4

    So you jack up prices as much as possible, give away dividends to shareholders that are sitting comfortably at home but keep the salaries of your workers as low as possible, right? Isn't capitalism wonderful!

    • @Cian_
      @Cian_ Год назад +8

      Ryanair cabin crew and pilots are some of the best paid in Europe.

    • @briangasser973
      @briangasser973 Год назад +2

      Shareholders should be rewarded for taking the risk of investing in a highly cyclical industry. Ryanair will carry 200M paxs, isn't it time they issue a regular dividend?
      Ryanair has to pay market wages to attract staff. Otherwise, they will work for other companies. He is not about overpaying employees beyond what the market demands.

    • @tokarp390
      @tokarp390 Год назад +2

      @@briangasser973 should workers be rewarded for taking the risk of work in a highly cyclical industry ?

    • @dezmundo1251
      @dezmundo1251 Год назад +4

      I love people who makes comments like this. Such unsophisticated understanding of how market economics works...

    • @briangasser973
      @briangasser973 Год назад

      @@tokarp390 They are getting paid a market wage and are offered an employee stock ownership plan to invest in Ryanair. If employees can do better at another airline, they will leave. So Ryanair has to pay a market wage or lose its staff.

  • @yellowboeing6030
    @yellowboeing6030 Год назад

    No pay rise for pilots…

    • @RazorMouth
      @RazorMouth Год назад

      is the average Irish salary of €50,000 not enough for the their pilots "on average"?

    • @yellowboeing6030
      @yellowboeing6030 Год назад +1

      @@RazorMouth I wouldn’t fly for that money, so no I guess. Luckily the RYR pilots are payed more than that.

    • @RazorMouth
      @RazorMouth Год назад

      @@yellowboeing6030 this is the average in Europe, that includes countries with half the cost of living that Ireland has.
      Pilots salaries are based partly on where they live, just like any profession.
      Irish pilots earn a lot more than a Bulgarian pilot for example, that's why I said "average".
      Ireland has the 5th highest salaries for pilots in the world.
      Looking it up now and Ryanairs Irish pilots earn anywhere from 52,000 to 169,000 Euro.
      That's a 52k starting base salary, not bad.

    • @yellowboeing6030
      @yellowboeing6030 Год назад +2

      @@RazorMouth obviously you’ve never heard of market value and demand for pilots will only go up. What O’Leary wants to pay will become irrelevant, what he needs to pay all the more if he wants his machines to go. Furthermore you’re talking nonsense because we qualified ourselves at huge expense with huge financial risks so if you want to use my license you pay.

    • @RazorMouth
      @RazorMouth Год назад +1

      @@yellowboeing6030 blaaaaaaaa, seems plenty are happy flying for them. They even train their own pilots. Market value? Yes pal I have because I have a technical services business, I know well. But thanks for your pointless assertion.

  • @thejamaican67
    @thejamaican67 Год назад +1

    In one way, I applaud Ryanair success, but my journeys with them and people that I know, have been to be kind Ruthless at best. I appreciate people wanna fly for cheap, but there is a minimum level of courtesy that one expects we’ve taken to paying more to the same destinations to avoid such situations.

  • @theeaskey
    @theeaskey 11 месяцев назад

    I think 20% of o leary comments are off by 30%.

  • @pauldewar626
    @pauldewar626 Год назад +3

    Max 8 is not a phenomenal aircraft ! 2 fatal crashes speak to this.

    • @irishpaddy555
      @irishpaddy555 Год назад +1

      Issue identified and remedied..

    • @RazorMouth
      @RazorMouth Год назад +2

      Turned out it was pilot training error though and not actually the aircraft itself, context is everything. Ryanair is one of the safest airlines in the world, I'm sure they know what they're doing.

    • @EinkOLED
      @EinkOLED Год назад

      15% more fuel efficient than the existing 738.

  • @mohdaminulfahmiahmadjalali6545

    The goat😂

  • @Marios-br1hm
    @Marios-br1hm Год назад +2

    It's not as cheap as he claims unfortunately

    • @RazorMouth
      @RazorMouth Год назад

      comparatively it is

    • @Marios-br1hm
      @Marios-br1hm Год назад

      @@RazorMouth not always .when y add the cabin bag w wheels goes expensive

    • @RazorMouth
      @RazorMouth Год назад

      @@Marios-br1hm literally nobody agrees with you.
      I said comparatively as in cheaper than the usual flag carriers.

    • @Bkh0498
      @Bkh0498 Год назад

      @@Marios-br1hmdon’t bring the bag then simple isn’t it.

    • @Fran-ik6ob
      @Fran-ik6ob Год назад

      Dublin - Brussles, 2nd weekend December 14.99 each way. Cheaper than the taxi to the airport

  • @alabama1413
    @alabama1413 Год назад +3

    Would never fly O’Leary’s airline. There is a minimum standard of passenger experience I’ll accept & Ryanair is frankly flying on fumes at times. I value my life too much to fly this ‘bare minimum’ airline. EasyJet over Ryanair any day of the week.

    • @derekdempsey8506
      @derekdempsey8506 Год назад +1

      Good for you

    • @sam04019491
      @sam04019491 Год назад +2

      “Running on fumes”?
      The “legal reserve” for a turbine powered IFR aircraft is 30 minutes flight time, at a holding altitude of 1,500’ above aerodrome elevation.
      The fuel policy for the holder of an air operator certificate under part 121 is as follows:
      (1) taxi fuel; and
      (2) trip fuel; and
      (3) reserve fuel, consisting of-
      (i) contingency fuel; and
      (ii) alternate fuel, if an alternate aerodrome is required; and
      (iii) final-reserve fuel [this is the 30 minutes]; and
      (iv) additional fuel, if required by the type of operation.
      So they are not running on fumes. This is the law. There are no work-arounds or shortcuts. Every airline operating under part 121 has to abide by this.

    • @mocire
      @mocire Год назад

      @@sam04019491 I was going to say something similar, but I'm not as well informed as you seem to be...

    • @georgebarnes8163
      @georgebarnes8163 Год назад

      LOL, do you really think O Leary gives a damn about anything "legal". He is a gangster.@@sam04019491

  • @rocketman1058
    @rocketman1058 Год назад +1

    Still, Airbus burns 10..20% less fuel

  • @simonparkinson2432
    @simonparkinson2432 Год назад

    Ryan air cabin crew horrible attitude compared to the rest I have been on

  • @adriancurtin6012
    @adriancurtin6012 Год назад

    He must be the most self confident C.E.O. in Britain!

    • @sdemosi
      @sdemosi Год назад +2

      Ireland is not Britain

    • @paulv5233
      @paulv5233 Год назад +1

      @@sdemosiI love comments like these i Britain HaHa 😂How about one of the most successful countries in Europe Republic Of Ireland and U2 is also not a British Group it’s Irish it’s easy

    • @georgebarnes8163
      @georgebarnes8163 Год назад

      U2 are actually an Anglo Irish band but the Irish are welcome to that rubbish and their 3rd rate airline@@paulv5233

  • @isaackys
    @isaackys Год назад +1

    Why does he keep buying plans that are aeronautically unstable and a lot of his customers are apprehensive to be travelling in, if not only attracted by the low fares.

    • @briangasser973
      @briangasser973 Год назад +4

      He bought them because of the fuel savings, and with the right electronics and training, it is the safest form of transportation.

    • @Gallery1111
      @Gallery1111 Год назад +5

      Yes isaackys clearly knows more about aircraft buying than Michael O'Leary, the most clued in aviation executive in the world

    • @Cato-Nielsen
      @Cato-Nielsen Год назад +2

      They are very unstable. Tonight, on my way home, I saw four of them fall out of the sky.

    • @briangasser973
      @briangasser973 Год назад +1

      @@Cato-Nielsen Its raining airplanes:)

    • @derekdempsey8506
      @derekdempsey8506 Год назад +1

      The planes are fine they are safe to fly on unfortunately there were to crashes which allowed the fault to be rectified

  • @trickytricky7401
    @trickytricky7401 Год назад

    I went back home to Ireland with Ryanair for a holiday and on returning I was asked did I want to take my luggage with me !! yes you've guessed it my luggage was one way , I had to pay 40 euros or leave my luggage , so even if Ryanair was free I would never travel with them and defiantly not on a max plane ,

  • @dannybananas132
    @dannybananas132 Год назад

    how can we fact check this

  • @dannybananas132
    @dannybananas132 Год назад

    im a flip lad.