Industry & Services >> CEO Interviews >> July 1, 1998

Michael O’leary – Ryanair Holdings (ryaay)

MICHAEL O'LEARY is 37 years old and is Chief Executive of Ryanair, Europe's fastest growing scheduled airline. Michael has served as Director of Ryanair Holdings since July 2, 1996 and as a Director of Ryanair Limited since November 25, 1988. Mr. O'Leary was the Deputy Chief Executive of Ryanair Limited from 1991 to May 1993 and Chief Operating Officer from June 1993 to December 1993, and Chief Executive from January 1, 1994. Mr. O'Leary was appointed the Chief Executive of Ryanair Holdings on April 21, 1997. Ryanair is Europe's largest low fares airline. In the current year, the airline will carry over 5 million passengers on its 26 Irish, UK and European routes. Ryanair currently employs 1,000 people in its Irish and UK operations, and operates a fleet of 20 Boeing 737 aircraft. Ryanair is a publicly quoted, well capitalized airline with its shares listed on the Dublin and NASDAQ stock exchanges. Profile
TWST: Give us a brief summary, a bit of an historical background sketch

on Ryanair Holdings and then bring us up to date. What do you see over

the next year or two as the challenges and