Ryanair’s O’Leary expects to quit in 2 – 3 years
29.11.09
Michael O'Leary expects to retire as chief executive of Irish airline Ryanair in two to three years' time, he said on Saturday. He told RTE radio ‘in two or three years' time I expect to be gone out of Ryanair.’
He has pushed out the projected date of his retirement from Europe's biggest budget airline several times, giving the same timeframe over a year ago. He told the radio station it had become a ‘moveable feast,’ adding he would like to see the takeover of Irish rival Aer Lingus - which he has twice tried and failed to achieve - before he goes.
Given that he was so instrumental in the development and huge growth of the airline, with its staff very much reflecting his infectious management style, we think it is unlikely that he will ever voluntarily walk away from the airline. Be he is a strong willed individual (!), so could prove us wrong.
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