Ryanair profits hit by soaring jet fuel prices and fare cutsThe Irish low-cost carrier reported a 34 per cent drop in profits after tax to €538 million for the three months to the end of June.
Michael O'Leary to receive nearly €5k per day under new Ryanair contractLast Friday, Ryanair announced the contract extension with O’Leary, with the airline stating that it contains a 'modest annual salary and a capped annual bonus'.
Michael O’Leary to head Ryanair for another six years under new contractThe long-term chief executive will be given a one-off purchase option over 10 million shares, provided he stays until April 2032.