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Search resuls for: "Michael O’Leary"


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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.
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.
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.
Pornind de la confirmarea directorului companiei aeriene irlandeze Michael O’Leary, potrivit căreia la bordul avionului deturnat se aflau agenți KGB din Belarus, anchetă trebuie extinsă, iar aspectele sunt acum ceva mai complicate. Belarus a executat nu doar un act de piraterie aeriană specifică organizațiilor teroriste, ci a lansat și operațiuni de supraveghere pe teritoriile statelor UE și NATO, notează publicația. Unul din detaliile pe care le investighează acum structurile de securitate ale Uniunii Europene este suspiciunea potrivit căreia amenințarea cu bombă asupra zborului Ryanair Atena-Vilnius a fost făcută chiar de la bordul avionului, de unul din agenții KGB însărcinați cu supravegherea și răpirea disidentului din Belarus, Român Protasevici. Din păcate, UE nu se poate baza nici o secundă pe vreo colaborare sau vreo urmă de adevăr din partea autorităților de la Minsk. Telefonul dat de agentul KGB a fost dat exact în momentul în care distanță față de Minsk era suficient de mică pentru a forță, prin prezența unui avion de lupta sovietic MiG, aterizarea forțată în capitală Belarus și capturarea jurnalistului disident.
Persons: Michael O’Leary Organizations: KGB, NATO, Uniunii Europene, Român Locations: Belarus, UE, Vilnius, Minsk, Rusia
"Pare că intenția autorităților a fost reținerea jurnalistului și persoanei care îl acompania. Noi credem că din avion s-au debarcat și agenți ai KGB" a menționat Michael O’Leary, CEO al Ryanair. Se crede, din acest motiv, că Protasevici era urmărit de serviciile din Belarus înainte ca avionul să fie deturnat. Amintim că autorităţile belaruse au obligat piloţii avionului Ryanair să aterizeze de urgenţă la Minsk. Imediat, a fost ridicat de la sol un avion militar belarus, iar piloţii de la Ryanair au fost ameninţaţi că avionul va fi doborât dacă nu aterizează de urgenţă.
Persons: Lukașenko, Guardian, Michael O’Leary, urgenţă, Piloţii Organizations: Ryanair, KGB Locations: Belarus, Minsk, Belarusului, belarus, Ryanair, Lituaniei
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