Our legal laureate dispenses considered legal advice (as he lightly clears his throat) in the manner of a chess grandmaster. The majority of this website will not function as intended without JavaScript enabled. Yeah. So I just wanted to ask, it's a few years since you had those pilot rostering problems and that led to the unionisation and some pay increases and all of that. Eddie Wilson. You have things for example, in recent weeks where you had the UK open up Portugal and then close it again. They've got 16% less fuel burn, 40% less emissions, and eight more seats, and it really is, as we say, going to be a game changer for this airline, particularly on its cost and environmental footprint as well, and that will gradually become a larger part of the fleet over the next number of years.". So I'm going to try and ask you quicker questions if I can. It's like my passport and I can travel," and the hope is that at border control throughout Europe, where it exists, and of course, there is no border control for most Europeans, but that people would just be able to show this as they go through because the last thing you'll want it delays at airports. Copyright 2023. Whereas, the focus quite rightly there is on what are the emissions, electric vehicles, et cetera? It doesn't make any sense for a smaller airline at the end of the day, just because of the colour of the flag on the back of it.". I think that all adds together, in particular Morocco, it's not just a beach destination, it's a massive expansive country and it has a great tourist and growing product, not just at the beaches, but in the deserts and the cities that they have there, Marrakesh, Fez, Rabat, places like that. So there has been a reluctance politically to take any sort of risk, I suppose, in opening up, and Ireland unfortunately has got a little bit more detached from Europe over the last number of months and don't realise, I suppose, that when the economies return to normal, we will still largely be exposed here because next winter is going to be particularly bleak in the Irish market, I would say.". Ryanair's chief executive Eddie Wilson has said the airline will lift threats to close its Cork and Shannon bases for the winter if the Government relaxes its quarantine restrictions on passengers . Just going back to a couple of the markets that you mentioned there, you talked about Morocco, and you've obviously got that new base going. Look what we're doing. But this idea that you're going to constrain demand by pricing just cuts people out of it. ", Mr O'Leary said he hoped his successor will be successful in his new role, "particularly as we enter into very difficult times, not least of which will be the challenges posed by Brexit at the end of October, resolving the Boeing MAX aircraft delays, and cutting and/or closing some bases to accommodate the fact that we will have at least 30 fewer aircraft than planned this winter, and possibly the same number, or even more, again next summer.". If people are anxious about travelling, or if they're not even allowed to travel because of international restrictions, what is the role of discounting? So I think that's ultimately going to see capacity contract in Europe, particularly on short-haul. Yeah. So whatever is thrown at us, being a well-capitalised airline really helped us this time. Who else has taken delivery of 60 aircraft this year? Lets ban babies in first class once and for all. Fine, if you need to. {{item['V1 Body']}} I've been here for almost 25 years, and almost every year we talked to Arlanda and never got anywhere, but there's an airport that realises that the incumbent airlines like SAS are not going to grow, and they're hopelessly saddled with state aid that's never going to be paid back, Norwegian capacity has gone, so Arlanda has got to look around and who's going to get the volume? Star Media Group Berhad [197101000523 (10894-D)], {{item['V1 Header']}} Eddie Wilson Profiles | Facebook You're obviously confident that you could get to 75 to 80% of pre-COVID capacity this summer. Plus, we have insightful letters, insider tips, and more. Eddie was appointed Ryanair CEO in September 2019 having previously served as Ryanair's CPO since December 2002. What do we take for granted in travel? Yeah. Do you think the switching on of that system, in theory from the 1st of July, is going to make a big difference? "But I think with the general opening open in the UK, for example, they've done a fantastic job in the UK with vaccinations, and I think they've reached a period quite recently where they've said, Look, now is the right time to do this, and whatever certificate that they bring in, I don't know whether it's the NHS certificate, that'll be acceptable. So is there something different this time that's going to change things? We have no difficulty throughout this COVID crisis with governments having some form of bail out in all sorts of industries where we've had payroll supports or special things put in for the hospitality industry, et cetera. Mein Nisinta Seirbhse Poibl na hireann. Eddie Wilson contact Ryanair if you have not been refunded Eddie Wilson takes charge as the chief executive of Ryanair's (RYAAY) main airline while Michael O'Leary now becomes the chief executive officer of Ryanair Group. What do we take for granted in travel? Eddie Wilson, Ryanair's chief executive officer, said it would create at least 60 jobs: https://bbc.in/3Aca1jd Two aircraft will be based at Newcastle Airport from March 2022 as Ryanair increases its routes. Do I have to pay this service bill? We've got the costs coming through on airports, staff to a lesser extent because that's going to be restored over the next number of years, but at least everybody is taking their part in it as well. So I think we're in a completely different place this time, and you have Norwegian at a fraction of the size that it was, and you've got places like Copenhagen, which they're just not going to recover their traffic. Whereas, the focus quite rightly there is on what are the emissions, electric vehicles, etc.? "So those that had higher frequencies, we pared back. While we aim for 100% accuracy in the transcript, there may be some minor transcribing errors. Cloudflare Ray ID: 7c09ccfbd8622d83 So has that proved to be a strong demand market in the current environment? Neil was appointed Group CFO in October 2019 having previously served as Ryanairs CFO from October 2014. We did those agreements really, really quick, and that's a function of our people and what they believe needed to be done, we just have to deliver on those agreements. Images Courtesy of Getty Images. RT.ie is the website of Raidi Teilifs ireann, Ireland's National Public Service Media. Edward Wilson biography. But I think when everyone puts their minds to it, the industry has to react, and not only customers are going to have to really start buying into this. We always hear this sort of stuff from people or other airlines that can't compete with you. So that was strong, and a similar sort of profile in Spain, largely to the Balearic Islands. "You are seeing the thing in terms of the state aid that's going around and in particular, no strings attached on to state aid on giving up slots. Yeah. So it's a very significant airline in its own right. Here's what can you do to speed things up, The memberships are costly and have no value. Then once that works, then you can add more aircraft.". JW: Do you ever think there's still an ongoing concern or danger that the progress with vaccinations is almost the same reason why international travel is still going to be held back, because people have this domestic bubble that's going well, but they don't want to let anybody else in and spoil it? Does it concern you that, in spite of the industry going through the biggest crisis ever, there hasn't really been a single significant exit from the market? The airline has also faced industrial action in Portugal, Spain and the UK this summer. For what? There are some markets where we've done particularly strongly and even throughout this, like the Italian domestic market, and also the Spanish domestic market. Those countries and those airports and those regions that are willing to step up to the plate and say, Look, there's going to be less capacity in Europe for short-haul over the next number of years, and that means some airports it's not going to return to. The majority of this website will not function as intended without JavaScript enabled. So Eddie, I'm just going to kick off, I think, by asking you about the current situation where the group is in terms of capacity and traffic. So it's a long-term deal there that gives us a certainty to grow, and that's what we've been doing throughout Europe. Okay. Again, there's always something, in my experience, that happens every five or seven years here, whether that's volcanic ash or previous issues that we've had, whether it was foot and mouth disease or whatever happened, and we've always come out of these, even through the last financial crisis, we've come out stronger. It's not necessarily that we are switching capacity, and I know you'll get onto this, but we have 210 aircraft on order. The names Bond 7-year bond. Neil is the black belt of finance, chopping budgets, kicking down costs and making sure the Group continues to grow and bring in the dough. Industrial relations, because we've got 89 separate locations, it's not like one big location, and most people figure it out pretty quickly that when you're up against a crisis like this, that Ryanair is going to continue to grow. Eddie told us the secrets to running a successful airline, what it's like working with Ryanair Group CEO Michael O Leary and what incentives the airline industry needs to stimulate growth. Before joining Ryanair, Eddie was the Human Resources Manager for Gateway 2000 and held a number of other human resources-related positions in the Irish financial services sector. About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features Press Copyright Contact us Creators . "It won't be material, it won't affect people, because all the bookings aren't in for August," he added. Eamon Quinn. Should airlines pay for what they've done to us? What you have seen is that you have seen Norwegian, you have seen other airlines cancelling orders, and you have airlines that are saddled with government debt, and there's no way that governments are going to countenance so-called national carriers not paying back money and then wanting to have big capital expenditure programmes. . Yeah. So the priority then is you're trying to maintain as much of the network as possible and not worry too much about filling the aircraft? Listen now (14 min) | In this episode: Our second week in New Zealand and already a natural disaster (sort of). So is that triggered partly by that system? JW: Another subject: industrial relations. "But I think it just gives that certainty to people. Are fees for carry-on luggage just the beginning? No one would have wished this crisis, but it seems like there's maybe been more opportunity than the negative outcome for Ryanair. For an airline that obviously is ultra-low cost and thrives on low fares, are you concerned that there's been some patchy, but probably increasing, talk about introducing fare floors in different countries around Europe? Ryanair to trim flights in summer but targets on track The Elliott Report is a consumer news site supported by Elliott Advocacy, a nonprofit organization that offers free advice and advocacy for consumers. Last updated: 1 April 2023 at 11:00am EST. All other use is prohibited. If you look at, we would have opened our Stockholm Skavsta base back in 2003 or 2004, and that is a secondary airport and we're still flying there. Ryanair Group appoint Eddie Wilson as CEO of airline The airline's CEO Eddie Wilson praised Shannon Airport's management . Wilson said he was hopeful the number of planes affected by manufacturing issues would be in the single digits out of a fleet of over 550, but that Boeing had not yet provided a detailed delivery schedule. "You can't do it, and all it does is that it constrains supply, and it's based on this notion from those from the higher-fare airlines, that there is some sort of privilege to flying, or that it is discretionary for other classes or whatever, when people travel for lots of reasons. Ryanair - Elliott Report Facebook. Do you ever think there's still an ongoing concern or danger that the progress with vaccinations is almost the same reason why international travel is still going to be held back, because people have this domestic bubble that's going well, but they don't want to let anybody else in and spoil it? But I would say somewhere in the region of 75%.". The AAPL is the . Performance & security by Cloudflare. Chat Chat Chat with us What can we help you with? JW: Coming at it from different angles, there is that environmental argument, but there's also a protectionism angle to it as well. Do I need a PCR test? I really can't see the European Commission standing over price floors for anything. So those markets have done well, and we have been picking up an awful lot more capacity into places like the Greek islands and that, where there were more slots available this summer, in anticipation, I suppose that we're going to have a longer summer here one way or the other, whether that's going to stretch into October and potentially beyond that. What we take for granted, particularly in Europe, is we're going to be able to get onto an aircraft, we're going to get off the other end, we're not going to have any hassle, we're going to have to show our passport. Michal was appointed CEO of Buzz in April 2017. Not to be confused with the Austrian screenwriter and director, this Andreas was appointed in 2018 and takes care of our business at Laudamotion. Well, good to leave it on a positive note. I think we're seeing that we originally had said we're going to be north of 60% of capacity and reasonably confident for the summer months, that we will get up to around 75[%] to 80% of capacity for this summer. So that's the real key for airports, that they can add destinations, and given that span of destinations, it's really attractive for airports. CAPA Live is the most sought-after monthly global aviation event. Yeah. Do I have to get it 72 hours, 48 hours?. Fleet plans, the 737 MAX, the impact of the delay, and now it's coming in finally, the impact it's going to have on you going forward? I think it is, but you only have to work in this industry to know the level of regulation that you have to put in anything new in terms of a modification on an aircraft and making that leap from new engines, new types of fuel or whatever is going to take a huge level of investment. There's been argument around the use-it-or-lose-it slot rules, or the suspension of those rules as protected incumbents. So that was strong, and a similar sort of profile in Spain, largely to the Balearic Islands. I think the digital COVID certificate gives people the certainty, "I have this. Informa Markets, a trading division of Informa PLC. Or bringing people or meeting kids or whatever or going to university. Taking place on the second Wednesday of each month, thousands of industry colleagues from across the globe tune in for their monthly dose of aviation and travel news, analysis, and in-depth interviews with industry leaders. People named Eddie Wilson. Does it concern you that, in spite of the industry going through the biggest crisis ever, there hasn't really been a single significant exit from the market? How do I get it fixed? So Eddie, I'm just going to kick off, I think, by asking you about the current situation where the group is in terms of capacity and traffic. It's always been a strength of the group of course, that you do have this diversified network, unlike many of the competitors, which are very focused on one market, so you can operate domestically in all kinds of countries outside Ireland, which is where you originate, because of course the Irish market has been particularly weak, hasn't it? Just one final question. State aid has slowed that, but I think it's inevitable.". Click to reveal They'd have been better off not opening it at all, because they just undermined confidence completely in the UK where people say, I'm not going to book because the government could change its mind. The action you just performed triggered the security solution. Do I need a PCR test? But you would like to think that when you have a growing market like that, that you'll be able to add onto those destinations, but I'm in no hurry to go to another country. Ryanair appoints Eddie Wilson as CEO of airline - The Irish Times Yeah. "It's not all about people going on holidays to Majorca. I really can't see the European Commission standing for price floors for anything. Buzz has 25 of the groups craft, Lauda has 16 while Ryanair intends moving 60 planes to Malta Airs airline licence. If you have a consumer problem,please contact our team at Elliott Advocacy through this form. The aircraft burnt 16% less fuel, we've got 40% lower noise emissions. That's fine, but this isn't the time for it. Prior to joining Buzz, Michal served as the General Director of the Polish Airports State Company and CEO of Warsaw Chopin Airport. Andreas was appointed CEO of Laudamotion GmbH in early 2018. You may as well ban Volkswagen Polos or something, and just allow people to go around in Bentleys because it's better, and there'd be less cars on the road, but it's not very productive. I think you'll see that in Europe initially, when this works, that people will be able to move around Europe, which coincidentally suits us as an airline. 2023 Ryanair Group. Did we mention it's free? We would have opened our Stockholm Skavsta base back in 2003 or 2004, and that is a secondary airport and we're still flying there. Eddie Wilson, Ryanair's chief - BBC Radio Newcastle | Facebook We've just concluded a deal with Manchester Airport Group that takes us out on till 2028. Whats the Booking.com refund process? The load factor that run has been achieving in the low 70s percentage terms. Jonathan: Okay. I think the June traffic figures for the group suggested that you're at around about 50% of 2019 seat capacity, so pre-COVID levels.
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