The Board of Ryanair will consider any offer from IAG on its merits, if or when it is received. Chief Executive Michael O'Leary More Quotes by Chief Executive Michael O'Leary More Quotes From Chief Executive Michael O'Leary If you look out long enough, I don't think Brexit has any affect on our business, the UK's national interest is best served, I think, by staying in the European Union. It's nuts to leave it, but if you are going to leave, the first thing you've got to do on the day after you leave is renegotiate a trade deal with the European Union. Chief Executive Michael O'Leary company-news There will be opportunities there, but at the moment there are no pricing opportunities on aircraft. The MAX has been grounded, Airbus are pricing up, Boeing are pricing up because they've nothing to sell, i think we have to wait for the next turn in the cycle. Chief Executive Michael O'Leary business Boeing are telling us at the moment they expect to be back flying by the end of September, i think it will fly before the end of this year. I am not sure they will meet the end of September date, but I take comfort from the fact that it seems that now the American, European, Brazilian and Canadian regulators are working together. Chief Executive Michael O'Leary business The challenge for us is that we need to see the plane back flying by the end of September, October, November at the latest, so as not to disrupt our growth for the summer of 2020. Chief Executive Michael O'Leary business Frankly, if we are in a period where there are going to be attritional fare wars... profits will suffer for a year or two and I think that is what shareholders should expect, however it is clear in my mind that within the next four of five years we will see the emergence of four or five large European airline groups... with much more capacity discipline ...and some upward pressure on pricing. Chief Executive Michael O'Leary company-news If there is a fare war in Europe, then Ryanair will be the winner. Chief Executive Michael O'Leary industrials We have to be cautious about the impact of declining air fares ... and the recent rises in oil prices and what that might mean for profitability out into 2018. Chief Executive Michael O'Leary industrials We always said we would never have a scheme with cards and statements and all that administrative waste... But with big data each passenger can have their own (personalised) loyalty scheme. Chief Executive Michael O'Leary industrials We had locked ourselves into a position of, 'We're cheaper, nastier and we don't care'. But there were millions of passengers saying I don't care how cheap you are. Chief Executive Michael O'Leary industrials We have moved to a broker as a solution for providing our car hire needs, i think it's a recognition of the fact that no one car hire company has the capacity or the availability at any airport to handle the volume of Ryanair's traffic. Chief Executive Michael O'Leary industrials We are in active discussions with Aer Lingus here in Dublin, with IAG in the UK and TAP in Portugal, i see no reason why it couldn't happen this winter, November. Chief Executive Michael O'Leary company-news I think it is something the big airlines could and should work together on because I think it makes no sense for third-party price comparison websites out there, if the airlines were competitive and had a competent digital offering. Those kind of websites shouldn't exist. Chief Executive Michael O'Leary company-news This guidance, which is 12 percent ahead of last year's profit, is heavily reliant on the final outturn of second-half fares over which we currently have almost zero visibility. Chief Executive Michael O'Leary industrials
