Travel

Ryanair CEO O’Leary Inches Closer to a €100 Million Bonus

Ryanair Holdings Plc Chief Executive Officer Michael O’Leary discusses the company’s performance. He speaks to Bloomberg’s Tom Mackenzie.Source: Bloomberg

Ryanair Holdings Plc’s relentless focus on rock-bottom fares and no-frills air travel is giving Chief Executive Officer Michael O’Leary his best chance yet at securing a lavish extravagance in the form of a €100-million ($112 million) bonus.

O’Leary can qualify for the mega payout if the stock of Europe’s biggest budget carrier remains at or above €21 for 28 calendar days. So far, the shares have managed that level for 18 consecutive days, the longest streak yet since the countdown started.