Michael Oleary News
Ryanair chief joins Heathwick criticism
Ryanair chief executive Michael O’Leary has joined the chorus of criticism following government suggestions of a high-speed rail link between Heathrow and Gatwick airports. In his usual caustic tone, O’Leary said: “They have no particular expertise in tunnelling. The last one they did was the Eurotunnel; which went bankrupt even before it opened.”
Ryanair’s Michael O’Leary calls for hotel tax
Ryanair chief executive Michael O’Leary has called for taxation to be switched from airline to hotel rooms to sustain Britain’s tourism economy, in a move that would mirror United States policy. The outspoken aviation mogul said a £1 per night tax on rooms could recover a significant proportion of what is now raised by APD, while encouraging both international visitors and outbound travel by cutting costs.
London “likely” to escape ash cloud
The volcanic ash cloud is likely to miss London as it sweeps across the United Kingdom. However it has brought flights into and out of Scotland to a standstill, and Irish airspace has also been severely disrupted. Meanwhile Ryanair boss Michael O’Leary has sparked controversy by claiming the cloud is “non-existent and mythical and misguided invention by the UK Met Office and the Civil Aviation Authority”.
Ryanair notches up record profits but warns on outlook
Ryanair has reported record profits and passenger numbers for the year ending 31 March but warned that soaring fuel prices would lead to flat figures over the next twelve months and the possibility of it grounding aircraft.