Loading
8-Feb-2010 3:20 PM

Ryanair not planning to launch long-haul carrier for another four to five years

Ryanair CEO, Michael O'Leary, stated he is not planning to launch a Ryanair-related long-haul, trans-Atlantic carrier for at least another four to five years, due to a backlog in orders for widebody aircraft (Irish Examiner, 08-Feb-2010). Mr O'Leary added he believes the Irish Government would sell its 25% stake in Aer Lingus to anyone other than Ryanair, and that Aer Lingus CEO, Christoph Mueller's recent comment that Ryanair's stake in the carrier is a 'poison pill' "makes no sense", as it does not prevent anyone else purchasing a stake in the carrier.

Ryanair: "We clearly have no control over Aer Lingus. I think Christoph Mueller, to be fair to him, has an impossible task trying to run an airline that is run by government bureaucrats. I don't pay too much attention to what Aer Lingus chief executives say because they generally aren't around for too long," Michael O'Leary, CEO. Source: Irish Examiner, 08-Feb-2010.

Want More News Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More