I think the June traffic figures for the group suggested that you're at around about 50% of 2019 seat capacity, so pre-COVID levels. Ryanair Plc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. "But I think when everyone puts their minds to it, the industry has to react, and not only customers are going to have to really buy into this. So you have some countries that were late to the party. But I would say somewhere in the region of 75%. JW: Do you ever think there's still an ongoing concern or danger that the progress with vaccinations is almost the same reason why international travel is still going to be held back, because people have this domestic bubble that's going well, but they don't want to let anybody else in and spoil it? That's without any domestics or anything there.". All rights reserved. State aid has slowed that, but I think it's inevitable.". Eddie Wilson - Chief Executive Officer - Ryanair - Europe's Favourite We've had a real focus on this. Well, good to leave it on a positive note. Do I need a PCR test? Yeah. If you have a consumer problem,please contact our team at Elliott Advocacy through this form. Ryanair will likely trim some flights in August due to delivery delays from Boeing but there will be no material impact on customers, its senior executive Eddie Wilson said in an interview today. Not to be confused with the Austrian screenwriter and director, this Andreas was appointed in 2018 and takes care of our business at Laudamotion. I think the digital COVID certificate gives people the certainty, I have this. Sure. Then once that works, then you can add more aircraft.". Mar 1997 - Sep 201922 years 7 months. But I think when everyone puts their minds to it, the industry has to react, and not only customers are going to have to really start buying into this. Eddie, the time has gone so fast. I don't know when that will open in any sort of significant basis, but I think long-haul tourist travel will take longer to recover, and hopefully that will spill over into more short-haul European routes, especially on our 240 destinations throughout Europe.". But passenger numbers are still a bit below that, at 37%. We're going to open a base in Riga, but we've got connections and we're well-known in Vilnius, Tallinn, and now in Helsinki, in Tampere, in Billund, we're going to have a base there at winter '21. "So whatever is thrown at us, being a well-capitalised airline really helped us this time. You have things for example, in recent weeks where you had the UK open up Portugal and then close it again. "But I just think it's important to say you've got to lead things sometimes by saying, We'll put capacity in place. "I think that's why it's going to take some time for international travel, particularly from a leisure point of view for that to recover, because it will be driven by vaccination levels, whether that's in the Far East or South America or Africa. Hello and welcome to another CAPA Live, and I'm delighted to give a very warm welcome to Eddie Wilson, chief executive of Ryanair DAC, the main operating company of the Ryanair group, which is responsible, I think Eddie, if I'm right, for 250-odd aircraft, which I think is 60% of the group total or thereabouts. The single market is about the single market, and if we're efficient and better than anyone else, well then that's what consumers want. Once you're over what happened in terms of rostering crisis and unionisation, you're down to, what do we have to do here for this airline to prosper? But the fact that we've been able to get out of this, still owning 90% of our aircraft outright and growing the fleet at that time, I think it's going to give us significant opportunities to grow traffic. Star Media Group Berhad [197101000523 (10894-D)], {{item['V1 Header']}} No one would have wished this crisis, but it seems like there's maybe been more opportunity than the negative outcome for Ryanair. I know this is something that's close to you because you've spent a long time as head of personnel, both at Ryanair, but also at other organisations. Sure. Group CEO since 1827. Here's what's shakin' on South Island. Ryanair DACs senior executives will report to Mr Wilson, beginning next Monday, September 1st, at the airlines weekly management meeting. Once we deliver on those commitments, I would say that people will see, exactly as they've seen over the years, even in a pre-union environment that we are straight up in how we do our business and the vast majority of our people recognise that. We always hear this sort of stuff from people or other airlines that can't compete with you. I think we're seeing that we originally had said we're going to be north of 60% of capacity and reasonably confident for the summer months that we will get up to around 75 to 80% of capacity for this summer. Or bringing people, or meeting kids or whatever, or going to university. CAPA Live is the most sought-after monthly global aviation event. Whilst announcing the news, Business Leader managed to pop in for a chat with company CEO Eddie Wilson. Industrial relations, because we've got 89 separate locations, it's not like one big location, and most people figure it out pretty quickly that when you're up against a crisis like this, that Ryanair is going to continue to grow. The biggest non-EU market obviously is the UK, but Morocco clearly is a non-EU market. Ryanair Sustainable Aviation Research Centre. The action you just performed triggered the security solution. Whereas, the focus quite rightly there is on what are the emissions, electric vehicles, et cetera? I think that's why it's going to take some time for international travel, particularly from a leisure point of view for that to recover, because it will be driven by vaccination levels, whether that's in the Far East or South America or Africa. We have no difficulty throughout this COVID crisis with governments having some form of bail out in all sorts of industries where we've had payroll supports or special things put in for the hospitality industry, et cetera. "Most people in this world want to work less and be paid more. Our legal laureate dispenses considered legal advice (as he lightly clears his throat) in the manner of a chess grandmaster. "We've probably done more for the free movement of people in Europe So you did mention briefly fares, average fares, and the question I was going to ask you was to what extent does discounting ticket prices make any difference in this kind of environment? Eddie told us the secrets to running a successful airline, what it's like working with Ryanair Group CEO Michael O Leary and what incentives the airline industry needs to stimulate growth. All other use is prohibited. But I think you are going to see consolidation. But it's been driven, as I say, load factors by much, much lower fares.". Fleet plans, the 737 MAX, the impact of the delay, and now it's coming in finally, the impact it's going to have on you going forward? We've had the longest lockdowns here. How do I get it fixed? Edward Wilson serves as Chief Executive Officer of the Company. So I think it's different this time.". Ryanair has announced that its chief people officer, Eddie Wilson, will succeed Michael O'Leary as chief executive of the airline from September . Yeah. How to get your money back from a Zelle scam or accidental money transfer, This PayPal invoice scam almost got me. People got scared from the last time round when they were stranded and couldn't get home, and people worry about that a lot. Confirming the news, Mr OLeary told staff in a note that Mr Wilson would take up his new role immediately, and this will start a transition process over the next three months of taking over from myself. I think that all adds together, in particular Morocco, it's not just a beach destination, it's a massive expansive country and it has a great tourist and growing product, not just at the beaches, but in the deserts and the cities that they have there, Marrakesh, Fez, Rabat, places like that. So are you concerned that there is a growing level of protectionism in Europe, and where is that going to go? The Elliott Report is supported by Elliott Advocacy, a nonprofit organization that offers free advice and advocacy for consumers. "Once you're over what happened in terms of rostering crisis and unionisation, you're down to, what do we have to do here for this airline to prosper? The aircraft burnt 16% less fuel, we've got 40% lower noise emissions. You have airlines like TAP and Alitalia that are never going to grow again. But if it was all price-led, we'd be back over at 95 or 96%, and clearly we're not there. Facebook. I just wanted to touch on also environmental commitments. We've just concluded a deal with Manchester Airport Group that takes us out on till 2028. It's transformed people's lives. Do I need a PCR test? Ryanair Ltd.is anIrishlow-cost airlineheadquartered inSwords, Dublin, Ireland, with its primary operational bases atDublinandLondon StanstedAirports. {{item['V2 Header']}}, We would love to keep you posted on the latest promotion. The hold-up has slowed Ryanairs growth plans. This brings me on to the question of airline consolidation. You're trying to build the network and from secondary airports into major cities at that time. But I think now what we have is we've got the scale, like we've had a Gothenburg base for some years, we had Skavsta, now it's in Arlanda. Ryanair's chief executive Eddie Wilson has said the airline will lift threats to close its Cork and Shannon bases for the winter if the Government relaxes its quarantine restrictions on passengers . If you need help with any problem,please contact us through this form. So I'm going to try and ask you quicker questions if I can. JW: Yeah. Coming at it from different angles, there is that environmental argument, but there's also a protectionism angle to it as well. But its complicated. Group chief executive Michael O'Leary last week said he would trim some high-frequency routes in July. Edward Wilson serves as Chief Executive Officer of the Company. Yeah, I think it's important. We don't have that tolerance level in aviation, so whatever we move to has got to be safe and secure. Click to reveal So it's a very significant airline in its own right. We've had a real focus on this. For an airline that obviously is ultra-low cost and thrives on low fares, are you concerned that there's been some patchy, but probably increasing talk about introducing fare floors in different countries around Europe? CEO Interview with Ryanair DAC, CEO, Eddie Wilson | CAPA TV Yeah, I think so. Eddie Wilson: at event in the Spanish embassy in Dublin to mark Ryanair's twenty years in Spain, with press conference introduction from Ildefonso Castro Spa. So those markets have done well, and we have been picking up an awful lot more capacity into places like the Greek islands and that, where there were more slots available this summer, in anticipation, I suppose that we're going to have a longer summer here one way or the other, whether that's going to stretch into October and potentially beyond that. "Portugal, for example, I think they're going to hand out close to three and a half billion in a country of about 11 million people. Yes. The single market is about the single market, and if we're efficient and better than anyone else well then, that's what consumers want. The airline has also faced industrial action in Portugal, Spain and the UK this summer. JW: Coming at it from different angles, there is that environmental argument, but there's also a protectionism angle to it as well. Obviously, with the crisis, you had to reverse some of the pay increases, reduce some of the hours, but now it's starting to go back up again. "I think somewhere in the order of TAP in Portugal are going to reduce their fleet by somewhere in the region of 30% or 40%, but they're hanging on to all the slots. Group Chief Executive Michael O'Leary last week said the airline would trim some high-frequency routes in July and Wilson said the same would happen in August but that this would not affect the annual target of flying 185 million passengers. CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets. Mr O'Leary will remain the chief executive of the wider Ryanair gorup which was restructured as a holding company earlier this year. Eddie, the time has gone so fast. For what? They can do that for airlines, but they have to do it on a non-discriminatory basis, and they should have done that on the basis of restoring traffic, rather than just giving it to airlines that are never, ever going to pay it back. Does it concern you that, in spite of the industry going through the biggest crisis ever, there hasn't really been a single significant exit from the market? Informa Markets, a trading division of Informa PLC. So is that triggered partly by that system? Yeah, I've been on holiday in Ireland in July, and you definitely need indoor dining. The Elliott Report is a consumer news site supported by Elliott Advocacy, a nonprofit organization that offers free advice and advocacy for consumers. We still don't have indoor dining in Ireland, and it's the one country where you need indoor dining in July. RT 2023. REUTERS/Ints Kalnins/File Photo. "From an environment perspective, we've got to do that in the best way that we can, and the industry is stepping up to that. We have 60-odd of those arriving this year, and they've got to go somewhere, and they're going to go somewhere where we have call certainty, and for those airports, at least they can plan for their ancillary revenues, whether that's airport shopping, car parking, et cetera. Copyright 2023. Images Courtesy of Getty Images. So I think it's different this time. I guess a cynic would say that you've been trying for many, many years and never quite managed to establish Ryanair in that region as well as you have done in other regions. But you would like to think that when you have a growing market like that, that you'll be able to add onto those destinations, but I'm in no hurry to go to another country. Andreas remained as CEO of Laudamotion following its acquisition by the Ryanair Group. Ryanair CEO Eddie Wilson appeals to intermediary customers to contact Chat Chat Chat with us What can we help you with? Ryanair Group has appointed its long-time HR chief Eddie Wilson as chief executive of Ryanair, beginning on September 1. They've got 16% less fuel, burn 40% less emissions, and eight more seats, and it really is, as we say, going to be a game changer for this airline, particularly on its cost and environmental footprint as well, and that will gradually become a larger part of the fleet over the next number of years. Prior to this he served as Head of Personnel since December 1997. Eddie Wilson said today that the same would happen in August but that Ryanair would "absolutely" hit its annual target of 185 million passengers. Prior to this he served as Head of Personnel since December 1997. What you have seen is that you have seen at Norwegian, you have seen other airlines cancelling orders, and you have airlines that are saddled with government debt, and there's no way that governments are going to countenance so-called national carriers not paying back money and then wanting to have big capital expenditure programmes. I was in Agadir recently, in Morocco where we are going to base two aircraft there from the winter. "It won't be material, it won't affect people, because all the bookings aren't in for August," said Wilson, the head of Ryanair DAC, the largest airline in the group. Buzz has 25 of the groups craft, Lauda has 16 while Ryanair intends moving 60 planes to Malta Airs airline licence. Corporate Head Office , Swords Business Park, Swords D Co. Dublin, Ireland https://www.ryanair.com/us/en, Primary ContactEddie WilsonCEOCorporate Head Office , Swords Business Park, Swords D Co. Dublin, Ireland [emailprotected], Chief ExecutiveMichael (Mick) O'LearyChief Executive Officer Ryanair HoldingsCorporate Head Office , Swords Business Park, Swords D Co. Dublin, Ireland [emailprotected]. We did those agreements really, really quick, and that's a function of our people and what they believe needed to be done, we just have to deliver on those agreements. Can you just talk about that; obviously the UK has been a little bit detached, shall we say, from the rest of Europe in more ways than one, but with Brexit, but also with different COVID-related travel restrictions, is Stansted going to continue to be one of the most important bases for Ireland, for Ryanair, in the future? I think in fact, it's the biggest airline fleet in Western Europe. Very simple message we'll preserve the jobs and you will get pay restored over the next three to four years, and the promotions and everything will continue, and the new aircraft are coming. JW: Okay. The majority of this website will not function as intended without JavaScript enabled. Look what happened in any economy that tried to put it in a price or incomes policy. You look some of the countries we are most successful in, like Italy where small businesses, typical family businesses down there have got six, seven people, they need to meet people, they need to bring their samples with them, etc. So I'm comfortable going to get there, but it's going to take some time to do.". So it's a very significant airline in its own right. So the priority then is you're trying to maintain as much of the network as possible and not worry too much about filling the aircraft? New Ryanair deal a huge step on road to recovery The oldest executive at Ryanair Holdings Plc is MikeO'Brien, 76, who is the Non-Executive Independent Director. Some of the key highlights can be found below. Chief People Officer. You look some of the countries were most successful in, like Italy where small businesses, typical family businesses down there have got six, seven people, they need to meet people, they need to bring their samples with them, et cetera. So is there something different this time that's going to change things? {{item['V1 Body']}} Do I have to get it 72 hours, 48 hours?". So we'll wait and see, but there are strong pockets of markets that never really went backwards. From September 1, he will report to chief executive Michael O'Leary alongside the heads of the group's. | March 15, 2023 Eddie has made a huge contribution to Ryanairs growth without ever losing his South Dublin accent, boyish charm or North Dublin address. You may as well ban Volkswagen Polos or something, and just allow people to go around in Bentleys because it's better, and there'd be less cars on the road, but it's not very productive. So Eddie, I'm just going to kick off, I think, by asking you about the current situation where the group is in terms of capacity and traffic. Please re-try again. JW: Right. JW: Long term, it's alternative propulsion technology, isn't it, that's really going to do it? You ask anyone on the street, who's going to survive this crisis, people say Ryanair, and our employees are no different, and unions are a function of the employees that you have. But if it was all price-led, we'd be back over at 95% or 96%, and clearly we're not there. CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets. He was appointed Ryanair CEO in September 2019, having previously served as Ryanairs CPO since December 2002. Ryanair to trim flights in summer but targets on track A lot of aircraft as well have been wrapped up for a long time, and maybe not so much thought has been put into the fact that they may not be serviceable again or it may be uneconomic. And you will see that governments, where they've got board members, will have influence maybe on connections to China or wherever they think is best economically, rather than running up and down to Majorca or up and down to the Balearic Islands. proven methods for fixing any consumer problem. "So those markets have done well, and we have been picking up an awful lot more capacity into places like the Greek islands and that, where there were more slots available this summer, in anticipation, I suppose that we're going to have a longer summer here one way or the other, whether that's going to stretch into October and potentially beyond that. But this idea that you're going to constrain demand by pricing just cuts people out of it. I think something in the order of TAP in Portugal are going to reduce their fleet by somewhere in the region of 30 or 40%, but they're hanging on to all the slots. How long should it suffer? What we take for granted, particularly in Europe is we're going to be able to get onto an aircraft, we're going to get off the other end, we're not going to have any hassle, we're going to have to show our passport. So is that triggered partly by that system or [crosstalk 00:15:23] over? Ryanair has . It's an extra thing on my phone, along with my passport and my boarding card, and I think that's going to transform people booking with certainty.
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