Michael O'Leary

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Last quote by Michael O'Leary

There isn't going to be another arrangement. There's a real prospect that the UK will be dumped out.feedback
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Mar 09 2017
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Michael O'Leary is associated, including Ryanair, European Union, and pricing. Most recently, Michael O'Leary has been quoted saying: “We would be very happy to buy and fly Airbus. They're equally good aircraft. The main reason for our purchase decisions is which can we get cheaper.” in the article Ryanair CEO says would be happy to buy Airbus at right price.
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Michael O'Leary quotes

We are in a low-fare environment, but we like low-fare environments because we are the lowest-cost producer. We are taking very significant traffic away from incumbents … and we see that continuing.feedback

In every market we are competing with other incumbents, whether they be allegedly low cost carriers or legacy carriers. We are taking very significant traffic away ... and we see that continuing.feedback

There's never been a worse time to be a competitor of Ryanair.feedback

The German airports will then be trying to encourage Ryanair to open more routes. So I think it's likely to speed up our growth in Germany.feedback

We are talking about new investments in Italy that we are making by revisiting our programmes in Greece, Poland and Spain.feedback

Always in a downturn we would expect to see lower pricing, but we maintain demand.feedback

This modest 4 percent increase in (first quarter) profit to 256 million euro ($281 million) is in line with previous guidance.feedback

I don't think any other airline in Europe will be delivering or forecasting that kind of profit growth. But all of the clouds on the horizon suggest there are significant risks to the downside in the second half of the year.feedback

What more can we do to persuade the U.K. to vote for remain tomorrow.feedback

It goes to show just how bizarrely incompetent the 'leave' campaign are. We launched a huge seat sale for British citizens to come back to the U.K. ... Come home and vote Remain,' of course, there's nothing stopping the people who want to vote leave coming home either.feedback

If Britain leaves the single market Britain may be forced out of the Open Skies regime and airfares and the cost of holidays will rise. That's not speculation, that's a certainty.feedback

The longer-term effect though is we will invest less in the UK, we will certainly switch some of our existing UK investment into other European counties because we want to continue to invest in the European Union and it will be bad for air travel and British tourism.feedback

Will Ryanair have any effect? I think not really. Around the margins, we may.feedback

After 9/11, after every crisis Ryanair is selling cheaper fares, we keep people flying. So the fact is it would have a downward effect on our pricing for six to 12 months, but we will keep people flying.feedback

Ryanair has invested in Athens and also in many of the Greek islands, and we are growing strongly here in the market because there is significant demand from all over Europe, from people who want to visit Athens and visit Greece.feedback

In light of our rising profitability and improving cashflow, the board has approved an 800 million euro share buy-back to commence on Feb 5 next.feedback

In January-March we'll see a 10-20 million euro hit. That's due to the ATC (air traffic control) strikes and the Brussels attacks. What is harder to gauge is what will be the impact on travel confidence after Easter, in the April-May period. It's too early to say if there will be a material impact. In general, the airlines will have to lower air fares after Easter because there will still be a rump of nervousness.feedback

While disappointing that profits fell 8 percent… we reacted quickly to this weaker environment last September by lowering fares and improving our customer experience.feedback

There is a weaker pricing environment out there. Get over it. Wherever that pricing falls, it will be significantly below what our competitors can withstand.feedback

I have no doubt that the market will be weaker than the industry is expecting over the next couple of months and we are going to respond to that by being out there first and being aggressive with pricing.feedback

They just invented these false claims some six months after they were dismissed: one for breach of safety regulations, and two was dismissed because she wouldn't turn up for work during her 12-month probation.feedback

I see a lot of upside in us not growing for the next year or two, at least not growing in the top line.feedback

I think the regulators are a bit more sensible than they were last year. I hope there will be no airspace closures – there shouldn't be, certainly not over any countries where we are flying.feedback

This small Q3 loss is disappointing, as we were on track to break even, but earnings were hit by a series of air traffic controllers strikes compounded by a spate of bad weather airport closures in December.feedback

Can we have some common sense response to this, to maybe cargo aircraft or to cargo packages, but we really don't need any more complicated and completely ineffectual security measures for passengers at airports, given that most of the existing ones have no bearing on security whatsoever.feedback

I think largely speaking they (Ryanair's good results) are the causes of much of BA's losses. I mean, passengers are increasingly switching to flying with Ryanair, because they get the lowest fares, the most on-time flights, and we don't lose their bags either.feedback

We've never refused to pay, we just said yesterday we would propose to limit the payments to the ticket price paid. We will reimburse reasonable receipted expenses from disrupted passengers if they send them to us, but we will not be paying compensation because the EU261 says no compensation arises if the cancellations are not the fault of the airlines.feedback

The market is soft. Passengers are facing significantly higher taxes and charges and I think that's having a dampening effect on growth.feedback

The new security provisions which the British Airports Authority have already confirmed today are unworkable over the longer term and need to be revised. Either the government's got to give the airports more security staff, either army or police personnel, or we've got to restore the security checks to more normal levels.feedback

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