BRUSSELS (Reuters) - Ryanair CEO Michael O'Leary said on Wednesday he will meet with senior Boeing executives later in the day in Dublin to discuss prolonged delays in plane deliveries as a crisis at the U.S. planemaker deepens.
Speaking to Reuters on the sidelines of an aviation conference, he said he will also discuss the certification of Boeing's 737 MAX 10 aircraft and ongoing issues with oversight following the Jan. 5 mid-air loss of a panel on a new Alaska Airlines MAX 9.
Boeing did not immediately respond to a request for comment on the meeting.
(Reporting by Joanna Plucinska in BRUSSELS; additional reporting by Allison Lampert in MONTREAL; writing by Josephine Mason in LONDON)
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Michael O’Leary began his studies in a Catholic school, the Clongowes Wood College, and then at Trinity College in Dublin. He will come out without a diploma.
From 1984 to 1986 he was taw consultant at KPMG. In 1988 he became Tony Ryan’s financial advisor, co-founder with Christy Ryan and Liam Lonergan of Ryanair in 1985. At first time, it operates flights between Waterford, a town in south-eastern of Ireland, and London. The company expands quickly its offer with many flights intra Europe.
In the 1990s, Tony Ryan quitted the company’s direction and Michael O’Leary became deputy CEO in 1991 and CEO in 1994. He was responsible for restructuring the company in order to increase its earnings. He focused on a unique aircraft model, giving up the idea of business class and proposing very low prices.
In 1992, he went to Dallas to study the operation of Southwest Airlines. O’Leary transforms Ryanair from a small company in a first low cost’s group and third largest airline company in Europe (after Air France / KLM and Lufthansa). Ryanair’s headquarter is situated in Dublin.
The company had grown very quickly thanks to its business model of “low cost” and airline industry’s deregulation in Europe in 1997.
In 2001, Michael O’Leary was awarded as "European businessman of the Year" by Fortune magazine. Tony Ryan, founder of Ryanair, died in 2007 of pancreatic cancer.
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