This week Ryanair released their Q3 financial results, and it was my turn for the early morning gig on the BBC commentating on their fortunes. This inevitably involves a quick review of the results, before having to pick out the main points. And let’s be honest, Ryanair – well, Michael O’Leary – always has something interesting to say, and the first four minutes of his recorded “press conference” were full of highlights; it’s worth a listen!
In four minutes, O’Leary manages to confirm his confidence in Boeing, offer to take over United Airlines order for B737s, blame online travel agencies (OTAs) for his lower-than-expected load factor (although it’s actually bookings rather than load), brush over a higher than expected fuel bill, sneak in a new agreement to sell holidays, express frustration at the German regulators and promote their expansion into the Moroccan domestic market. It was exhausting to listen to, but one thing stuck out for me, and it was the mention of…
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#OAG
