The salary of the boss of Ryanair sets fire to the social powders

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Journalist in the Economy department

By Eric Renette

Published on 07/27/2022 at 16:54
Reading time: 3 mins

Dn the “do as I say, not as I do” genre, the boss of Ryanair, the bubbling Michael O’Leary, has just added a new episode to a series, it is true, inexhaustible. The pilots of his airline have multiplied strikes (Belgium, France, Spain) at the start of the full summer season, mainly because they were not recovering their salary from before the covid crisis while the activity of the low cost been a hit for several months. In Belgium, as in other countries, the pilots are demanding to return to their old salary since the company itself admits that it is operating at 115% of activity in 2019 (record year before covid) and augurs well for a billion in profits for the 2022-2023 financial year. However, in 2020, the management of Ryanair, the big boss Michael O’Leary in the lead, had decreed a salary reduction for everyone in order to help the company to overcome the effects of the crisis.

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