Skip to content
Bloomberg the Company & Its ProductsThe Company & its ProductsBloomberg Terminal Demo RequestBloomberg Anywhere Remote LoginBloomberg Anywhere LoginBloomberg Customer SupportCustomer Support
  • Bloomberg

    Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world

    For Customers

    • Bloomberg Anywhere Remote Login
    • Software Updates
    • Manage Products and Account Information

    Support

    Americas+1 212 318 2000

    EMEA+44 20 7330 7500

    Asia Pacific+65 6212 1000

  • Company

    • About
    • Careers
    • Diversity and Inclusion
    • Tech At Bloomberg
    • Philanthropy
    • Sustainability
    • Bloomberg London
    • Bloomberg Beta
    • Gender-Equality Index

    Communications

    • Press Announcements
    • Press Contacts

    Follow

    • Facebook
    • Twitter
    • LinkedIn
    • Instagram
  • Products

    • Bloomberg Terminal
    • Execution and Order Management
    • Content and Data
    • Financial Data Management
    • Integration and Distribution
    • Bloomberg Tradebook

    Industry Products

    • Bloomberg Law
    • Bloomberg Tax
    • Bloomberg Government
    • BloombergNEF
  • Media

    • Bloomberg Markets
    • Bloomberg Technology
    • Bloomberg Pursuits
    • Bloomberg Politics
    • Bloomberg Opinion
    • Bloomberg Businessweek
    • Bloomberg Live Conferences
    • Bloomberg Apps
    • Bloomberg Radio
    • Bloomberg Television
    • News Bureaus

    Media Services

    • Bloomberg Media Distribution
    • Advertising
  • Company

    • About
    • Careers
    • Diversity and Inclusion
    • Tech At Bloomberg
    • Philanthropy
    • Sustainability
    • Bloomberg London
    • Bloomberg Beta
    • Gender-Equality Index

    Communications

    • Press Announcements
    • Press Contacts

    Follow

    • Facebook
    • Twitter
    • LinkedIn
    • Instagram
  • Products

    • Bloomberg Terminal
    • Execution and
      Order Management
    • Content and Data
    • Financial Data
      Management
    • Integration and
      Distribution
    • Bloomberg
      Tradebook

    Industry Products

    • Bloomberg Law
    • Bloomberg Tax
    • Bloomberg Government
    • Bloomberg Environment
    • BloombergNEF
  • Media

    • Bloomberg Markets
    • Bloomberg
      Technology
    • Bloomberg Pursuits
    • Bloomberg Politics
    • Bloomberg Opinion
    • Bloomberg
      Businessweek
    • Bloomberg Live Conferences
    • Bloomberg Apps
    • Bloomberg Radio
    • Bloomberg Television
    • News Bureaus

    Media Services

    • Bloomberg Media Distribution
    • Advertising
  • Bloomberg

    Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world

    For Customers

    • Bloomberg Anywhere Remote Login
    • Software Updates
    • Manage Contracts and Orders

    Support

    Americas+1 212 318 2000

    EMEA+44 20 7330 7500

    Asia Pacific+65 6212 1000

Bloomberg UK

Switch Editions
  • UK
  • Europe
  • US
  • Asia
  • Middle East
  • Africa
  • 日本
Sign In Subscribe
  • Bloomberg TV+

    Bloomberg Surveillance: Early Edition -

    Bloomberg Surveillance: Early Edition

    Bloomberg Surveillance: Early Edition with Anna Edwards, Matt Miller & Kailey Leinz live from London, Berlin and New York, bringing insight on global markets and the top business stories of the day.

    Bloomberg Radio

    Bloomberg Daybreak

    Bloomberg Daybreak

    Bloomberg Daybreak, anchored from New York, Boston, Washington DC and San Francisco provides listeners with everything they need to know. Hear the latest economic, business and market news, as well as global, national, and local news.

    Listen

    Quicktake

    I Love Wine - Rioja-

    I Love Wine - Rioja

    I Love Wine transports you to the best winemaking regions of the world, where the people behind the grapes explain how the culture and the landscape have shaped their product.

    Also streaming on your TV:

    • Markets
      Markets
      • Economics
      • Deals
      • Odd Lots
      • The FIX | Fixed Income
      • ETFs
      • FX
      • Factor Investing
      • Alternative Investing
      • Economic Calendar
      • Markets Magazine
      inflation

      Markets

      Euro-Zone Inflation Hits Record in Boost for Big-Hike Calls

      LIBYA-CONFLICT-OIL

      Markets

      Libya’s Crude Oil Exports Drop Sharply After Key Ports Halt

      Market Data

      • Stocks
      • Commodities
      • Rates & Bonds
      • Currencies
      • Futures
      • Sectors

      Follow Bloomberg Markets

      View More Markets
    • Technology
      Technology
      • Work Shifting
      • Code Wars
      • Checkout
      • Prognosis
      SoftBank Stores Ahead of SoftBank Group's Full-year Earnings

      Technology

      Apple Hikes iPhone and iPad Prices in Japan After Yen Tanks

      U.S. Stocks Add to Weekly Advance Amid Data, Optimism on China

      Technology

      NYSE Pitches US Listings to Gulf Tech Firms Amid Global Selloff

      Zoom Video Communications Application Ahead Of Earnings Figures

      Technology

      Zoom Bets on Corporate Customers to Stem Post-Pandemic Crash

      Follow Bloomberg Technology

      View More Technology
    • Politics
      Politics
      • US
      • UK
      • Americas
      • Europe
      • Asia
      • Middle East
      Ukraine Latest: Russian Missiles Target Odesa After Island Exit

      Politics

      Ukraine Latest: Russian Missiles Target Odesa After Island Exit

      Viktor Orban, on June 30.

      Politics

      Hungary’s Orban Strikes Softer Tone on Sanctions, Ukraine

      Featured

      • Hong Kong's 25 Years Under China
      • Next China

      Follow Bloomberg Politics

      View More Politics
    • Wealth
      Wealth
      • Investing
      • Living
      • Opinion & Advice
      • Savings & Retirement
      • Taxes
      • Reinvention
      london sun HP

      Investing

      Retail Traders See a Market Bright Spot in Inflation-Scorched Britain

      Former Top Apple Lawyer Gene Daniel Levoff Charged With Insider Trading

      Wealth

      Apple Ex-Corporate Law Chief Admits Years of Insider Trading

      Featured

      • How to Invest

      Follow Bloomberg Wealth

      View More Wealth
    • Pursuits
      Pursuits
      • Travel
      • Autos
      • Homes
      • Living
      • Culture
      • Style
      The Top Luxury Convertibles, From European Supercars to US Classics

      Cars

      The Top Luxury Convertibles, From European Supercars to US Classics

      5 Players, $1.1 Billion: NBA Free Agency Starts With a Bang

      Pursuits

      5 Players, $1.1 Billion: NBA Free Agency Starts With a Bang

      Featured

      • Screentime
      • New York Property Prices
      • Where to Go in 2022

      Follow Bloomberg Pursuits

      View More Pursuits
    • Opinion
      Opinion
      • Business
      • Finance
      • Economics
      • Markets
      • Politics & Policy
      • Technology & Ideas
      • Editorials
      • Letters
      TOPSHOT-SPAIN-NATO-TURKEY-POLITICS-DIPLOMACY-SUMMIT

      Bobby Ghosh

      Erdogan Missed a Big Opportunity With NATO

      CUBA-USA-USSR-MISSILE CRISIS

      John Authers

      Cuban Crisis Parallels Give Stocks a 1962 Look

      Vaccination Of Children Aged 5 To 11 Years Against COVID-19 Begins In Mexico City

      Sam Fazeli

      Why You'll Probably Get Covid (Again) Soon

      Follow Bloomberg Opinion

      View More Opinion
    • Businessweek
      Businessweek
      • The Bloomberg 50
      • Best B-Schools
      • Small Business Survival Guide
      • 50 Companies to Watch
      • Good Business
      • Subscribe to the Magazine
      Gangs Are Fake-Killing People in India for Insurance Payouts

      The Heist Issue

      Gangs Are Fake-Killing People in India for Insurance Payouts

      Sports Reporter by Day, Political Revolutionary by Night

      The Heist Issue

      Sports Reporter by Day, Political Revolutionary by Night

      Did Razzlekhan and Dutch Pull Off History’s Biggest Crypto Heist?

      The Big Take

      Did Razzlekhan and Dutch Pull Off History’s Biggest Crypto Heist?

      Follow Bloomberg Businessweek

      View More Businessweek
    • Equality
      Equality
      • Corporate Leadership
      • Capital
      • Society
      • Solutions
      British Grand Prix 2022 - Paddock Day - Silverstone

      Equality

      Lewis Hamilton Condemns F1’s ‘Older Voices’ From Bernie Ecclestone to Jackie Stewart

      Supreme Court's Roe Decision Disapproved By Majority In Poll

      Equality

      Oracle Quietly Adds Abortion Travel Reimbursement Benefits

      Planned Parenthood Leaders And Activists Protest Supreme Court's Overturning Of Roe V. Wade

      Corporate Leadership

      New Abortion Benefits Remain Out of Reach for Most US Workers, Surveys Show

      Follow Bloomberg Equality

      View More Equality
    • Green
      Green
      • New Energy
      • ESG Investing
      • Weather & Science
      • Electric Vehicles
      • Climate Politics
      • Greener Living
      • Cleaner Tech
      Sun Mobility Ltd. Battery Manufacturing And Swapping Network

      Green

      India Said Close to Finalizing Nationwide Battery-Swap Details

      Court Leaves Dwindling Paths for Biden's Climate Mission

      Green

      Court Leaves Dwindling Paths for Biden's Climate Mission

      Featured

      • Data Dash
      • Hyperdrive

      Follow Bloomberg Green

      View More Green
    • CityLab
      CityLab
      • Design
      • Culture
      • Transportation
      • Economy
      • Environment
      • Housing
      • Justice
      • Government
      • Technology
      Coal vs. Wind Energy in North Dakota

      Environment

      After Supreme Court Ruling, Cities ‘Left Holding the Bag’ on Climate Change

      James Simon Park, people near a restaurant

      Culture

      Berlin Floats Closing Its Parks After Dark

      Houston

      Government

      Cities Stung by Great Resignation Hike Wages, Just as Recession Looms

      Follow Bloomberg CityLab

      View More CityLab
    • Crypto
      Crypto
      • Decentralized Finance
      • NFTs
      • Regulation
      • Technology
      Cryptocurrency Illustrations As Musk Roils Crypto Market

      Crypto

      Crypto Lender BlockFi, in Talks With FTX, Also Gets Ledn Offer

      Cryptocurrency Illustrations As Musk Roils Crypto Market

      Crypto

      Blockchain.com Cooperating With Investigations Into Three Arrows

      BitBase Cryptocurrency Exchanges After Record Week For Volatility

      Crypto

      EU Reaches Provisional Deal on Landmark Crypto Rules

      Follow Bloomberg Crypto

      View More Crypto

Live on Bloomberg TV

CC-Transcript

  • 00:00Hot topic of course in this part of the world. Talk us through the contingency planning that you're doing at Ryanair around Brexit Well our view on Brexit is that we hope that the UK citizens decide to remain part of the EU. We think Europe is better with Britain as part of it. And we think Britain is better off staying with the EU. We absolutely do support the call for reform within Europe. I think a lot of countries would share the same concern. Many of the same concerns that the UK has so we think Britain should continue to call for reform. But once Europe has been reformed Britain should stay it's going to be better better for doing business in Britain and it's going to be better for Britain. British business is doing business across Europe. And what about the operations that Ryanair currently has in the U.K. really substantial operations. Would you move some of those. Would you reduce the amount of flights you do to the U.K. What kind of planning you doing around that. Well we don't think it would change. What we want to do in the U.K. market is it's our biggest market. It's Europe's biggest market for low cost airlines and it's a very important market. So we don't think it would have an immediate impact on our business over the medium and longer term. It would create some uncertainty if Britain was outside of Europe but in the immediate future you know Europe will continue to want to fly to Great Britain and people in Britain will continue to want to fly to Europe. And what's your working assumption. If we did see the UK vote to leave the EU. Kenny what would be a working assumption around trade relationships between EU countries and the UK on the day after. Would you just. Would businesses like yours just have to assume things carry on as they were before until you're told otherwise or do you rip up the script and start south again immediately. No. Our view is it would pretty much continue as we see it today and everyone would make the adjustments that would need to be made. What kind of turmoil and market I mean are you doing any contingency planning at Ryanair around this media are you protecting yourselves against turmoil in markets for example. What would you what kind of contingency plan will you look to do. We'll obviously do some element of contingency planning on the financial side but when it comes to the operation it will be pretty much business as usual. So I think the most important thing from your point of view is it's not going to be that much of an operational disruption or a disruption to the business. As I said the most important thing here is people will still want to travel be their business people or be their leisure travelers and the traffic that we see from Britain to Europe and from Europe to Britain we would would continue. Let's talk about something else then. Kenny I know that you've recently launched a corporate jet charter service. Give us the size and scope on that. Any Katie this is not cool. The core of Brian is business. So how how far down that road do you want to go . Well I think with Ryanair I think you've seen over the past number of years under are always getting better program that you can expect the unexpected from Ryanair. We've been inundated with requests from businesses from sporting groups to hire one of our jets on a regular basis. So we listen to that and we took the opportunity to get a 737. We've kitted it out with luxury seats. Customers will be able to rent this. We already have seen in a two day period over 40 requests to hire this new jet. It's quite novel and I think it absolutely plays the theme of businesses and large corporates wanting to do corporate travel but also want to do it for less. It will be much cheaper to hire the Ryanair corporate jet get find food get champagne get whatever you want in a typical corporate jets environment much cheaper than what you'd pay to the existing operators in this space. So corporate customers not stock days Kenny That's the target market here. It will be available for all groups I think of about half the requests that we've had so far from sports groups so there would be a lot of professional sports teams be there rugby teams be their football teams as well as businesses as well as a few wedding parties would be looking to hire the corporate jet. I'm sure they will be offering fine dining. That's not something Ron is used to offering is it . Well we're doing a lot of things now that we said and consumers thought we never would do. So we'll give customers a choice of whatever they're looking for onboard symbol one fine dining some will want straightforward aircraft food we'll have everything on offer and customers can decide themselves what they're looking for. And of course we know they always getting better campaign continues. You've got a new phase of that coming soon. What's going to be the difference between Phase 3 of this campaign and what's gone before this will be the third year of always getting better. I think three things that I would call out. The first thing will be choice. We've learned huge amount over the past few years by introducing new products to our customers and we've seen how they've responded. So you'll interesting you'll see us introduce some new exciting choices on both the flight products side but also on the non flight ancillary product side. We'll be introducing new things. Simplification is the second big theme I would call out when it comes to travel. Digital allows us to really simplify the travel process so you'll see us introduce a lot of change that will make travelling with Ryanair a lot more straightforward. And then the third theme I would call out is business travel. We've had a great success with the our business plus product we've added more primary airports. So you'll see us doing a few new and interesting things to really get a higher share of the very important business traveler segment across Europe .
  • NOW PLAYING

    Ryanair’s Jacobs Calls for EU Reform Support

  • 47:03

    'Bloomberg Daybreak: Europe' Full Show (07/01/2022)

  • 05:42

    Trinh: Extraordinary Time for Markets

  • 04:30

    China's Growth Target 'Extremely Hard' to Achieve, S&P Says

  • 02:57

    How H.K.'s Stock Market Performed During Carrie Lam's Term?

  • 07:44

    Julius Baer's Matthews on Fed Strategy and Second Half Outlook

  • 04:20

    ICRA's Nayar on Indian Economy

  • 04:35

    Former Top Hong Kong Adviser Chan on City's Prospects

  • 06:08

    EU Chamber on H.K.'s Future

  • 47:57

    'Bloomberg Daybreak: Middle East' Full Show (07/01/2022)

  • 05:20

    State Street's Loh on Global Markets

  • 06:39

    McNally: We are biggest oil bulls

  • 03:31

    Stocks, Bonds Had Worst Half in History: 3-Minute MLIV

  • 01:01:38

    'Bloomberg Markets: China Open' Full Show (07/01/2022)

  • 01:36:10

    'Bloomberg Daybreak: Asia' Full Show (07/01/2022)

  • 32:21

    China’s Xi Defends Hong Kong Crackdown, Promotes Development

Stream Schedule:

U.S. BTV+
  • U.S. BTV+
  • U.S. BTV
  • Europe BTV
  • Asia BTV
  • Australia BTV
  • U.S. Live Event
  • EMEA Live Event
  • Asia Live Event
  • Politics Live Event
No schedule data available.

Ryanair’s Jacobs Calls for EU Reform Support

  • Countdown

  • Digital Originals

March 11th, 2016, 8:12 AM GMT+0000

Ryanair Holdings Plc is doing some financial contingency planning for ‘Brexit’, Chief Marketing Officer Kenny Jacobs tells Bloomberg’s Anna Edwards on “Countdown.” Ryanair became one of the first companies to fund a campaign to keep the U.K. in the European Union on the grounds that a so-called ‘Brexit’ would threaten growth, while saying the pound’s tumble since a date for a vote was set won’t crimp travel habits for most Britons.


  • More From Countdown

    • 08:51

      Federated's Orlando on U.S. Stocks, Risks, Fed Policy

    • 03:05

      What Is the Biggest Worry About Brexit?

    • 03:39

      Has China's Ability to Support Growth Increased?

    • 03:08

      Why Some Investors Are Having Second Thoughts on Japan

    All episodes and clips
  • More From Digital Originals

    • 23:38

      Courtroom Artist Jane Rosenberg: Ghislaine Maxwell Sketching Me Didn’t Put Me Off

      10 hours ago
    • 18:02

      The Dance School Lifting Up Kenya's Lost Girls of Covid

    • 17:03

      Child Marriage Is On the Rise in India. She’s Determined to Stop It.

    • 17:07

      The Metaverse Is Coming for Your Office

    All episodes and clips
  • Bloomberg Markets

    "Bloomberg Markets" is focused on bringing you the most important global business and breaking markets news and information as it happens.
    More episodes and clips
    • 02:57

      How H.K.'s Stock Market Performed During Carrie Lam's Term?

    • 07:44

      Julius Baer's Matthews on Fed Strategy and Second Half Outlook

    • 04:20

      ICRA's Nayar on Indian Economy

    • 06:08

      EU Chamber on H.K.'s Future

See all shows
Terms of Service Trademarks Privacy Policy ©2022 Bloomberg L.P. All Rights Reserved
Careers Made in NYC Advertise Ad Choices Help