Ryanair has turned to Eddie Wilson, a veteran executive of 22 years, as its new chief executive amid a tumult of strikes and stiffening competition and a . 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? But passenger numbers are still a bit below that, at 37%. You can obtain a copy of the Code, or contact the Council, at www.presscouncil.ie, PH: (01) 6489130, Lo-Call 1890 208 080 or email: info@presscouncil.ie News images provided by Press Association . I think the EU passport, the digital COVID certificate, has given people the confidence to book, and with the UK and Ireland lagging, but I think the UK have with the announcement recently by the prime minister that they're getting back to normal, we expect that will make its way into travel and we will see the return to travel without restrictions for member countries. But this idea that you're going to constrain demand by pricing just cuts people out of it. Michael O'Leary described the delays by Boeing as "very disappointing", but Wilson said talks with the US firm about a possible large new order would not be impacted. If that means that you're going to discount on fares, so be it. var theDate = new Date(); But I just feel that fares or stimulation of that is out there in the media, it gets people's attention, and of course it has some basis. Mr O'Leary announced in February that Ryanair would move to a structure "not dissimilar" to that of International Consolidated Airlines' Group, owner of Aer Lingus, British Airways and Spanish carriers, Iberia and Vueling. I think we have the scale this time for the connectivity or the length of sectors up there for us to be able to tag on short sectors onto longer leisure sectors. CEO Interview with Ryanair DAC, CEO, Eddie Wilson | CAPA TV "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. You are seeing the thing in terms of the state aid that's going around and in particular, no strings attached on to state aid on giving up slots. "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. 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? 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. We're rapidly running out of time and there's a lot of things I still want to ask you. You can sell anything if the price is right, but what we have here is that you've got a period where you're trying to get back to some level of normality and it's important that you get as many people travelling as possible. For what? Mein Nisinta Seirbhse Poibl na hireann. You look at places like Morocco and what Ryanair uniquely has to deliver is that you open a base in Agadir where we might've had, I think eight or 10 routes going into that from other bases beforehand, you put two aircraft in there and now you can join up potentially 240 airports in the Ryanair network, and you've got a huge digital database of being able to promote that as well. But I think with the general opening open in the UK for example, they've done a fantastic job in the UK with vaccinations, and I think they've reached a period quite recently, where they've said, "Look, now is the right time to do this," and whatever certificate that they bring in, I don't know whether it's the NHS certificate, that'll be acceptable. We're making, I think, big, big steps here, but the nature of the industry is you can do it in car technology and places like that, and the worst thing that can happen is the car stops on the side of the road. 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? It doesn't work. 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. I think yeah, that is a potential, but in a lot of cases it's about airport cost and competitiveness, not necessarily the destinations in themselves. We're going to do about five million passengers there this year, which is not insubstantial in that country alone. It's transformed people's lives. No one would have wished this crisis, but it seems like there's maybe been more opportunity than the negative outcome for Ryanair. The aircraft burnt 16% less fuel, we've got 40% lower noise emissions. As I say, there's over 60 of them arriving for summer '22, and we're just working through where they're going to go at the moment. 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 . Yeah. So that's the real key for airports, that they can add destinations, and given that span of destinations, it's really attractive for airports. The airline's CEO Eddie Wilson praised Shannon Airport's management . JW: Right. Ryanair to trim flights in summer but targets on track I think you'll see that in Europe initially, whereby when this works, that people will be able to move around Europe, which coincidentally suits us as an airline. Heres what to do. Now you have, not withstanding the effects of COVID, but the bureaucracy that has come up on this, I don't know how many queries I get a day from people who should be well capable of finding out what the requirements are from each country because it changes all the time, that people are reluctant, "Do I need an antigen test? You can email the site owner to let them know you were blocked. We've been in Morocco since 2006, and we have a very good relationship there and we've grown steadily. I think it's been a relatively strong build, driven by much lower fares coming back from around a million passengers in April to the five million as we made our way up into June. So it's a long-term deal there that gives us a certainty to grow, and that's what we've been doing throughout Europe. 2023 Ryanair Group. 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? You can sell anything if the price is right, but what we have here is that you've got a period where you're trying to get back to some level of normality and it's important that you get as many people travelling as possible. Michael was appointed CEO of Ryanair in 1994 and Group CEO in April 2019, having previously served as CFO since 1988. "But I think that will gradually make its way through Europe. Interview with Eddie Wilson, CEO of Ryanair, at #TIS2021 }) Star Media Group Berhad [197101000523 (10894-D)], {{item['V1 Header']}} 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. But I think you are going to see consolidation. RT.ie is the website of Raidi Teilifs ireann, Ireland's National Public Service Media. Ryanair Sustainable Aviation Research Centre. 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. So I think there's a lot more to be done in terms of what the engine manufacturers are going to do, how we're going to get to sustainable aviation fuel over the next number of years for this industry to be credible. RT.ie is the website of Raidi Teilifs ireann, Ireland's National Public Service Media. How long should it suffer? 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. I just wanted to touch on also environmental commitments. We still don't have indoor dining in Ireland, and it's the one country where you need indoor dining in July! It's about small businesses. John was appointed in 2014. JW: 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. I think there's going to be a bubble in the United States, I think as well, and I think transatlantic will be the big corridor that will open. Andreas remained as CEO of Laudamotion following its acquisition by the Ryanair Group. We've had the longest lockdowns here. $('#spanCopyright').text(theDate.getFullYear()) Amazon didnt receive my return package. But if it was all price-led, we'd be back over at 95% or 96%, and clearly we're not there. So there has been a reluctance politically to take any sort of risk, I suppose, in opening up, and Ireland unfortunately has got a little bit more detached from Europe over the last number of months and don't realise, I suppose, that when the economies return to normal, we will still largely be exposed here because next winter is going to be particularly bleak in the Irish market, I would say. I really can't see the European Commission standing for price floors for anything. But I think you are going to see consolidation. You're obviously confident that you could get to 75 to 80% of pre-COVID capacity this summer. 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. It's such an easy target, but such an essential part of the infrastructure that we're in, and there is a view that is all flying is discretionary. All rights reserved. So I'm going to try and ask you quicker questions if I can. to get you out of trouble that is. 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. So those type of deals are being struck around Europe as to where capacity is going to go. Eddie, the time has gone so fast. Consumer Alert: Beware of travel clubs with "VIP" prices, Quake City Confidential: How we made it through our first earthquake in Christchurch, please contact our team at Elliott Advocacy through this form. Buzz has 25 of the groups craft, Lauda has 16 while Ryanair intends moving 60 planes to Malta Airs airline licence. ", Mr O'Leary said he hoped his successor will be successful in his new role, "particularly as we enter into very difficult times, not least of which will be the challenges posed by Brexit at the end of October, resolving the Boeing MAX aircraft delays, and cutting and/or closing some bases to accommodate the fact that we will have at least 30 fewer aircraft than planned this winter, and possibly the same number, or even more, again next summer.".
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