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HomeAll NewsMost read newsBusiness Leaders Biography 
Birthday : 11/30/1960
Place of birth : Mullingar (Westmeath) - Ireland (Eire)
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Biography : Michael OĺLeary began his studies in a Catholic school, the Clongowes Wood College, and then at...

Ryanair's O'Leary says industry most optimistic in 25 years

11/29/2022 | 11:07am EST
FILE PHOTO: A Ryanair Boeing 737 airplane takes off from the airport in Palma de Mallorca

DUBLIN (Reuters) - Ryanair Chief Executive Michael O'Leary said this is the most optimistic time he has seen in air travel since taking charge of the airline in the mid-1990s as passengers return to the skies following a series of COVID-19 lockdowns.

"This is the most optimistic time I've seen in air travel for the last 25 years. Everybody's been locked down for two years. Tourism is getting back, hotels are filling up again, beaches are filling up again. Everyone's getting moving again," O'Leary told a Eurocontrol event.

Eddie Wilson, the head of Ryanair DAC, the largest airline in the group, added that the looming recession in Europe is of a different variety this time due to the build up savings during the pandemic and relatively full employment in the economies Ryanair operates in.

(Reporting by Padraic Halpin; editing by David Evans)


ę Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
RYANAIR HOLDINGS PLC 1.84% 15.235 Real-time Quote.22.48%