Ryanair’s O’Leary Seeks Short-Haul Mastery in Europe Endgame

Michael O’Leary, who built Ryanair Holdings Plc into Europe’s biggest discount airline over two decades, pledged to stay another five years and render its dominance complete as competitors exit short-haul flying.

Dublin-based Ryanair will seize on the likely failure of major carriers such as Air France-KLM Group to earn profits on short routes and the withering of networks at Alitalia SpA in Italy, Iberia in Spain and SAS AB in Scandinavia, the 52-year-old chief executive officer said in an interview in London.