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London CNN —Ryanair is planning to connect major airports in Ukraine to almost two dozen European capitals within weeks of the country’s airspace reopening when the war ends. Ryanair (RYAAY) said in a statement Thursday it would offer flights to and from Ukraine within eight weeks of that happening. Speaking from Kyiv, Ryanair CEO Michael O’Leary said the carrier would “charge back” into Ukraine after the war. “The visit of Ryanair senior management to Boryspil Airport is a powerful signal that the largest airline in Europe sees huge potential in the Ukrainian air transport market,” said Boryspil International Airport CEO Oleksiy Dubrevskyy. The move highlights Ukraine’s sustained efforts to court international investors, as it plans for its future after the war.
Persons: Michael O’Leary, O’Leary, , , Oleksiy Dubrevskyy, Philips —, Volodymyr Zelensky Organizations: London CNN, Ryanair, Boeing, European Union Aviation Safety Agency, European Union, Kherson —, Boryspil, Boryspil International, Conference, Citi, Sanofi, Philips, BlackRock, JPMorgan, Ukraine Development Fund Locations: Ukraine, Kyiv, Lviv, Odesa, Kharkiv, Kherson, , Ukrainian, Europe, London
The “Barbenheimer” craze, which has swelled in popularity over the last few weeks, is all but set to propel the box office to its best weekend in years. BoxOffice Pro, a publication that tracks box office performance, said this week it is projecting a $200+ million weekend at the cinema. The battle of the bombshells playing out in theaters is not the usual runaway box office success story. “But it’s not just about the first three days of the box office either. The irony in the films’ massive draw is that, typically, studios prefer to avoid releasing major box office features on the same weekend as another.
Persons: Barbie ”, “ Oppenheimer, ” Michael O’Leary, it’s, Mattel, Christopher Nolan, ” Shawn Robbins, “ ‘ Oppenheimer, Barbie ’, don’t, “ Barbie ”, Tom Cruise, ” O’Leary, ” Robbins, “ It’s, Organizations: CNN, BoxOffice, National Association of Theatre Owners, Warner Bros Locations: Hollywood
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTravel is seen 'much more as a necessity' now than a luxury, says Ryanair CEO Michael O'LearyRyanair Group CEO Michael O’Leary joins 'Squawk Box' to discuss company's full year results, summer travel season, and more.
London CNN —Ryanair has agreed to buy 150 new Boeing 737-10 aircraft, and taken options on 150 more, inking the largest order ever placed by an Irish company for US manufactured goods. The planes, the largest of Boeing’s (BA) 737 Max aircraft, will be delivered between 2027 and 2033. At a news conference Tuesday, O’Leary said Boeing had made significant progress in catching up, according to Reuters. On prices, the Ryanair CEO said: “In our view it will never be cheap enough and in Boeing’s view it is always far too cheap.”Boeing CEO Dave Calhoun, meanwhile, praised the deal. Ryanair is one of Boeing’s largest customers, with more than 600 planes in its fleet or on order, according to its website.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBoeing and Ryanair CEO on massive Ryanair order for Boeing 737-Max-10sMichael O’Leary, Ryanair, and David Calhoun, Boeing, join 'Squawk on the Street' to discuss Ryanair's recent order from Boeing, Calhoun's thoughts on the Boeing 737-Max-10 and more.
The NewsRyanair, the European low-cost airline, said on Tuesday that it had agreed to buy 150 737 Max 10 airplanes, its largest-ever Boeing order. At list prices, 150 planes would sell for more than $20 billion, though Boeing and other manufacturers typically agree to deep discounts for such large orders. The jets are expected to replace older, smaller and less-efficient Boeing planes and be delivered between 2027 and 2033. Ryanair expects to fly 225 million passengers in its 2026 fiscal year, up from 149 million passengers a year before the pandemic. In the fiscal year that ended in March 2022, the airline flew 97 million passengers.
Ryanair close to placing major Boeing order -sources
  + stars: | 2023-05-08 | by ( ) www.reuters.com   time to read: +1 min
PARIS, May 8 (Reuters) - Ryanair (RYA.I) is close to signing a major new aircraft order with Boeing (BA.N), two people familiar with the matter said on Monday. The multi-billion-dollar deal for a three-digit quantity of 737 MAX jets could be announced as early as Tuesday, they added, asking not to be named. Boeing and Ryanair declined to comment. Europe's largest budget carrier halted negotiations for at least 100 Boeing 737 MAX jets plus as many options in a pricing dispute some 18 months ago. He said Ryanair was now considering the 200-seat 737 MAX 8200 and the 230-seat 737 MAX 10.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStarbucks' Schultz and Bernie Sanders go head-to-head on Starbucks unionsHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC. John Bryant, Operation Hope, founder and CEO; Andrew Yang, founder and CEO of Venture of America ; and Kevin O’Leary, CNBC contributor and O’Leary Ventures Chairman, discuss congressional testimony from former Starbucks CEO Howard Schultz.
New York CNN —Boeing CEO David Calhoun missed out on a $7 million bonus last year, but still got a raise. Boeing’s proxy filing Friday disclosed that when Calhoun started as CEO of Boeing in January of 2020, the board gave him a $7 million bonus package if he completed a list of goals by the end of 2023. Because of that, the company’s filing said Calhoun will not get the $7 million. And in February the board awarded Calhoun 25,000 shares of Boeing stock as a retention bonus. In May last year, Michael O’Leary, CEO of Ryanair — Europe’s largest discount carrier, which has ordered nearly 400 jets from Boeing since 2010 — let loose a profanity-laced criticism of Boeing management.
The low-cost European carrier told customers in an earnings statement on Monday to “book early” before cheaper tickets sell out. It reported record profit for the three months to December 31, increasing airfares by 14% compared to their pre-pandemic level. Passenger numbers for the quarter through December climbed to a record 38.4 million. Fares for the quarter were higher than in 2019 “because of a very strong Christmas and New Year period,” according to O’Leary. It expects that number to grow to 185 million passengers over the 12 months to March 2024.
Childhood vaccinations across the U.S fallen for a second year in a row, leaving hundreds of thousands of kids vulnerable to otherwise preventable illnesses. But fears stoked by vaccine misinformation have also been a growing problem, O'Leary said. "We're still trying to understand the extent to which misinformation around Covid vaccines has spread to misinformation about other childhood vaccines," he said. In a December interview, Dr. Rochelle Walensky, the CDC's director, told NBC News that vaccine misinformation is one of the biggest threats to public health. About a third of kids ages 5 through 11 have had two doses of a Covid vaccine.
Overall, those receiving state-required vaccinations declined to about 93% last year, down from 94% in the previous school year and 95% in the 2019-2020 school year, according to the CDC report. All U.S. states require the vaccine against measles and rubella and all but Iowa require a shots against mumps. All states also require the combined diphtheria, tetanus and acellular pertussis shot and the vaccine against poliovirus, while 49 states require inoculations against varicella, or chickenpox. Exemptions for vaccinations, which may be granted by states in cases where parents request them for their children remained low at 2.6%. O'Leary said the data points to U.S. needs for a focus on addressing access and poverty in order to increase vaccination rates.
Pharmacists and parents across the country are contending with empty shelves as they search for children’s pain relief medications amid the ongoing spread of RSV, flu and Covid. CVS and Walgreens each announced on Monday that they are limiting the number of children's pain relief medications customers can buy: CVS to two, and Walgreens to six. Courtesy Chantel JablonskiCaswell said shortages of children’s Tylenol and ibuprofen and their generic versions started a month or two ago. Johnson & Johnson Motrin brand children's pain relievers at a Stop & Shop store in Dobbs Ferry, N.Y., on Jan. 23, 2022. Khan said “this is probably the worst” shortage of children’s medicine he’s seen, surpassing even peak Covid.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKevin O’Leary on why he invested in FTX and his recent conversation with Sam Bankman-FriedVenture capitalist Kevin O'Leary joins CNBC's 'Squawk Box' to discuss why he took an equity stake and became a spokesperson for the now-bankrupt crypto exchange FTX.
CNN —A measles outbreak in central Ohio is growing, sickening more than 50 children, with many of them needing hospitalization, according to data updated Tuesday by Columbus Public Health. “Measles can be very serious, especially for children under age 5,” Columbus Public Health spokesperson Kelli Newman wrote in an email Monday. In the Ohio outbreak, the hospitalized children have been seen at Nationwide Children’s Hospital. “For measles, it is the most infectious disease we have,” she said. Pediatric hospitals already strainedWhile the measles outbreak spreads across central Ohio, the United States has been battling a surge of respiratory illnesses, such as flu and RSV, or respiratory syncytial virus, and the ongoing Covid-19 pandemic.
A class-action lawsuit filed Tuesday alleges that the crypto platform FTX and former CEO Sam Bankman-Fried violated Florida law, misled customers and cost investors billions of dollars in damages. Garrison says he lost money after the crypto exchange was forced to stop customers from withdrawing funds. The suit blames Bankman-Fried and the bevy of celebrities who promoted the company for the losses suffered by the investors. Also named in the lawsuit is Larry David, the "Curb Your Enthusiasm" star who appeared in a Super Bowl commercial for FTX. Larry David stars in a Super Bowl commercial for the cryptocurrency exchange FTX.
"You have to invest in information," O'Leary says. Spending an hour skimming through articles on your social media feed may sound easy. O'Leary avoids articles with "ridiculous and outrageous headlines" during his daily morning news hour, no matter how enticing they sound, he says. Google has a free fact-checking tool, where you can search keywords and verify if claims on social media or in blog posts are accurate. If you let the news and social media "bleed your time, you're going to become a very inefficient person," he adds.
Ryanair is booming as flyers ditch pricier airlines
  + stars: | 2022-11-07 | by ( Hanna Ziady | ) edition.cnn.com   time to read: +3 min
The low-cost carrier posted its highest ever half-year profit on Monday, earning €1.37 billion ($1.36 billion) for the six months through September. That beat its previous record high of €1.15 billion ($1.14 billion) in 2019. It carried 95.1 million passengers during the period, up from 39.1 million a year ago. The strong earnings mean the company will reverse pandemic pay cuts for over 90% of its pilots and cabin crew from next month — earlier than planned. “These long-term pay agreements with the vast majority of our people have now delivered fully restored pay 28 months earlier than previously agreed,” O’Leary said.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe U.S. will see a major shift in policy after the midterm elections, says Kevin O’LearyVenture capitalist Kevin O'Leary and Operation Hope CEO John Hope Bryant join CNBC's 'Squawk Box' to discuss what a potential shift in Congressional power could mean for small businesses.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMeta needs to focus on its core business, not the Metaverse, says Sand Hill's Brenda VingielloCNBC’s ‘Halftime Report’ investment committee, Brenda Vingiello, Kevin O’Leary, Steve Weiss and Joe Terranova, discuss Meta and the decline in Big Tech stocks.
When Mark Cuban was in his 20s, he wanted to get rich and retire by age 35. He succeeded at the first part: At age 32, Cuban sold his first company, a computer consulting business called MicroSolutions, for $6 million. "I'm not retired because I'm too competitive," Cuban said. O'Leary promptly retired at age 36, and ultimately regretted it. "If I'm 25 and I'm doing this again, I'm probably [thinking], 'OK, what can I do to get acquired?'"
The Food and Drug Administration on Wednesday authorized updated Covid booster shots that target the omicron variant of the virus for young children. The decision will now go to the Centers for Disease Control and Prevention, which could issue its final recommendation on the updated shots within hours. Only about 31% of children ages 5 to 11 have received two doses of any Covid vaccine, according to CDC data. Experts say it's important for people to receive the updated shots because the nation could face yet another potential wave of Covid infections this winter. The boosters are important because data has shown that any Covid vaccine greatly decreases the risk of severe outcomes from the virus, said O’Leary.
Then, he landed his first job in tech as a PC software salesperson at a company called Your Business Software. But in an old blog post, which Cuban recently shared on Twitter, the billionaire revealed he almost didn't land the consequential role. The interviewers weren't impressed, Cuban wrote, until he answered one question: "What do you do if a customer has a question about a software package and you don't know the answer?" "Ding ding ding… [the interviewer] just loved the answer." Cuban didn't know it was a trick question, so he answered it honestly, stumbling into the correct answer.
Kevin O'Leary just weighed in on Elon Musk's controversial Twitter deal — and he's siding with the world's richest person. "I happen to have watched [Musk] forever, and I think this guy is Teflon man," O'Leary said. O'Leary predicted that Musk will indeed assume ownership of Twitter once the dust settles, saying he thinks the Tesla CEO will improve the social media platform's user experience substantially once in charge. "I use the platform, too, and I look at the metrics versus all the other [social media companies] including Tiktok and LinkedIn and Instagram and Facebook. "He [advertised] it on the back of Twitter and other social media platforms.
He's impressed Kevin O'Leary, O'Shares ETFs chairman and judge on CNBC's new show "Money Court," who watched Mehta's financial journey with interest. That said, some of Mehta's money moves can be adapted by just about anyone who wants to better their finances. He's doing so well, in fact, that O'Leary has trouble finding fault with much of anything. Watch the full video to see what else O'Leary has to say about Mehta's finances. Sign up now: Get smarter about your money and career with our weekly newsletterDon't miss: How this 25-year-old real estate investor earning $515,000 a year spends his money
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