RyanAir Direct | Dublin | Eddie Wilson Once you're straight up with people and sit down with them, we were the first to be able to put in pay cuts, but we did things really quickly. Do I need a PCR test? 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. Talking at the CAPA Live on 9-Jun-2021, Ryanair DAC CEO Eddie Wilson spoke with CAPAs senior financial analyst Jonathan Wober. Were always here to help. But the fact that we've been able to get out of this, still owning 90% of our aircraft outright and growing the fleet at that time, I think it's going to give us significant opportunities to grow traffic. Are fees for carry-on luggage just the beginning? June 04 2021 02:30 AM Facebook; Twitter; Email; 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. "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. 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. I think you'll see that in Europe initially, whereby when this works, that people will be able to move around Europe, which coincidentally suits us as an airline. to get you out of trouble that is. Mr Wilson, a 22-year veteran of Ryanair, will become chief executive of the budget airline from September 1. Michael O'Leary described the delays by Boeing as "very disappointing", but Wilson said talks with the US firm about a possible large new order would not be impacted. But I would say somewhere in the region of 75%.". We're rapidly running out of time and there's a lot of things I still want to ask you. You have things for example, in recent weeks where you had the UK open up Portugal and then close it again. Contact Uploading & Non-Users; Settings; Activity log; Eddie Wilson, CEO of Ryanair DAC, says airline needs a definite date. It's not; it's how we live.". 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. Loves pedigree Irish beef and is never late for work thanks to Dublins most efficient bus lanes. Eversource Gas says I have a leak. The AAPL is the . Eddie Wilson Profiles | Facebook So you will have seen, we're into Helsinki now, we have launched, I think eight or 10 routes up there, we will have a base in Stockholm, Arlanda. 2022 Ryanair DAC. Ryanair - Europe's Favourite Airline. It's transformed people's lives. We put about a million and a half and that to work on sustainable aviation fuel, and there's always this call for taxes. The Hard S It's expected some 22,000 passengers will fly through Dublin Airport today as the restrictions on non-essential travel have been lifted. But passenger numbers are still a bit below that at 37%. Or bringing people or meeting kids or whatever or going to university. When hes not cheering for Liverpool FC, he leads our Labs team of software developers so, you could say hes the Sheldon Cooper of our entire Group. But I just feel that fares or stimulation of that is out there in the media, it gets people's attention, and of course it has some basis. JW: So you did mention briefly fares, average fares, and the question I was going to ask you was to what extent does discounting ticket prices make any difference in this kind of environment? We've made a commitment to have 12.5% of SAF, sustainable aviation fuel, blenders by 2030. About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features Press Copyright Contact us Creators . Images Courtesy of Getty Images. 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. Hello and welcome to another CAPA Live, and I'm delighted to give a very warm welcome to Eddie Wilson, chief executive of Ryanair DAC, the main operating company of the Ryanair group, which is responsible, I think Eddie, if I'm right, for 250-odd aircraft, which I think is 60% of the group total or thereabouts. It doesn't work. New Ryanair deal a huge step on road to recovery Yeah. A former CEO of LS Airport Services and supervisory board member of Euro LOT Airline, Krakow Airport and Gdansk Airport, Michal also held roles with the Polish Industrial Development Agency, the Office of Competition and Consumer Protection and PwC. We've been in Morocco since 2006, and we have a very good relationship there and we've grown steadily. Ryanair CEO says holidaymakers face higher prices for - Newstalk Sorry, June traffic figures for the group suggested that you're at around about 50% of 2019 seat capacity, so pre-COVID levels. There are 10 older and 15 younger executives at Ryanair Plc. 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. While we aim for 100% accuracy in the transcript, there may be some minor transcribing errors. You can contact Eddie Wilson at (01) 812 1212. Listen now (18 min) | In this episode: Walking up to the caldera and through Christchurch's parks. We're making, I think, big, big steps here, but the nature of the industry is you can do it in car technology and places like that, and the worst thing that can happen is the car stops on the side of the road. Eddie Wilson contact Ryanair if you have not been refunded EW: Yes it is. Right. RT.ie is the website of Raidi Teilifs ireann, Ireland's National Public Service Media. No one would have wished this crisis, but it seems like there's maybe been more opportunity than the negative outcome for Ryanair. 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? Holidaymakers in Europe face higher prices for flights next summer due to "pressure from a number of fronts", Ryanair's Eddie Wilson says. Eddie Wilson named new Ryanair CEO TheJournal.ie 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, etc. (Reporting by Klaus Lauer; Writing by Conor Humphries; Editing by Kirsten Donovan), Copyright 1995- So I'm comfortable going to get there, but it's going to take some time to do.". Look what happened in any economy that tried to put it in a price or incomes policy. Last updated: 1 April 2023 at 11:00am EST. You can sell anything if the price is right, but what we have here is that you've got a period where you're trying to get back to some level of normality and it's important that you get as many people travelling as possible. I really can't see the European Commission standing over price floors for anything. Carol was appointed Chief Risk Officer in May 2018 having held the position of Director of Safety and Security since 2014. "But I think it just gives that certainty to people. You mentioned the EU digital COVID certificate briefly earlier on. But this idea that you're going to constrain demand by pricing just cuts people out of it. It's an extra thing on my phone, along with my passport and my boarding card," and I think that's going to transform people booking with certainty. Obviously, with the crisis, you had to reverse some of the pay increases, reduce some of the hours, but now it's starting to go back up again. Ryanair appoints Eddie Wilson as CEO of airline - RTE.ie But this idea that you're going to constrain demand by pricing just cuts people out of it. Obviously, with the crisis, you had to reverse some of the pay increases, reduce some of the hours, but now it's starting to go back up again. You're trying to build the network and from secondary airports into major cities at that time. Once we deliver on those commitments, I would say that people will see, exactly as they've seen over the years, even in a pre-union environment that we are straight up in how we do our business and the vast majority of our people recognise that. "For the rest of Europe, you don't even have to show a passport and nobody challenges, and you move on your way, which is just a fantastic way transport is being deregulated. "There's also the issue of you've got to issue a political stability in places like Morocco that you don't necessarily have in some other countries in that region. It's not necessarily that we are switching capacity, and I know you'll get onto this, but we have 210 aircraft on order. When you think about it, it's the only London airport that can still grow, and it's been a very successful base for us. So I'm going to try and ask you quicker questions if I can. We put three extra aircraft into Rome Fiumicino, we put extra aircraft into Naples, Bologna, various other places around Italy. 60-plus aircraft, actually. I think the EU passport, the digital COVID certificate, has given people the confidence to book, and with the UK and Ireland lagging, but I think the UK have with the announcement recently by the prime minister that they're getting back to normal, we expect that will make its way into travel and we will see the return to travel without restrictions for member countries. var theDate = new Date(); There are no real airlines to go in there to fill the type of gap that Ryanair can do with the type of And we're the only airlines taking delivery at that sort of capacity over the next number of years. So what are the plans for the group going through the summer and to the end of the year in terms of capacity? 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. Our reproduction policy is as follows: you may quote up to 400 words of any transcript on the condition that you attribute the transcript to CAPA - Centre for Aviation and link to the original video page. It's just driven by the government policy here that the one country in Europe that actually needs connectivity with the rest of Europe, in particularly post-Brexit, there's only four-and-a-half million of us here, but we're now the largest English-speaking nation in the European Union. Great. Yeah, I think so. EW: Well, it's in a closed period, but it's no secret that our public comment has been that, of course when you're trying to fill seats you're not getting back up to the load factors that you would expect because of travel restrictions. I just wanted to touch on also environmental commitments. JW: Hello and welcome to another CAPA Live, and I'm delighted to give a very warm welcome to Eddie Wilson, chief executive of Ryanair DAC, the main operating company of the Ryanair group, which is responsible, I think Eddie, if I'm right, for 250-odd aircraft, which I think is 60% of the group total, or thereabouts. So I'm going to try and ask you quicker questions if I can. They should actually be freeing up those slots and allowing access in there. JW: 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. We don't have that tolerance level in aviation, so whatever we move to has got to be safe and secure. "So it's going to be a period of growth for us, but only for those airports that are willing to be realistic on cuts.". So that market, when you looked at it like the Italian market, which would have been a good outbound market, a lot of people decided to stay at home. 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. EW: 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. Most people in this world want to work less and be paid more. Eddie Wilson, Ryanair chief executive: 'We opened 16 bases this year and we opened them because we were opportunistic on cost.' Picture: Fergal Phillips Ryanair's strong balance sheet will afford it the opportunity to aggressively pursue airport discounts and grow its market share at the expense of weakened rivals over the medium-term, its chief executive has said. They can do that for airlines, but they have to do it on a non-discriminatory basis, and they should have done that on the basis of restoring traffic, rather than just giving it to airlines that are never, ever going to pay it back. You have airlines like TAP and Alitalia that are never going to grow again. Ryanair to trim flights in summer but targets on track This idea that we can't use it any more because we've been [an] efficient business model, but we don't want anyone else to have it. Facebook. Michael was appointed CEO of Ryanair in 1994 and Group CEO in April 2019, having previously served as CFO since 1988. Can you just talk about that; obviously the UK has been a little bit detached, shall we say, from the rest of Europe in more ways than one, but with Brexit, but also with different COVID-related travel restrictions, is Stansted going to continue to be one of the most important bases for Ireland, for Ryanair, in the future? So I think it's different this time.". Let's fill as many seats as possible. We always hear this sort of stuff from people or other airlines that can't compete with you. He said Germany was "bottom of the class" with its short-haul sector still 20% below its pre-Covid traffic. 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. Group Chief Executive Michael O'Leary last week said the airline would trim some high-frequency routes in July and Wilson said the same would happen in August but that this would not affect the annual target of flying 185 million passengers. Tracey joined Ryanair in 1991, leaving behind her career as a trainee hairdresser to instead qualify as an accountant and manage all our money! That's a long, long time ago. 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? We've just concluded a deal with Manchester Airport Group that takes us out on till 2028. We might even get into the Eurovision Song Contest next year, I don't know. 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. . Ryanair appoints Eddie Wilson as CEO of airline - The Irish Times You look some of the countries we are most successful in, like Italy where small businesses, typical family businesses down there have got six, seven people, they need to meet people, they need to bring their samples with them, etc. So I think that's ultimately going to see capacity contract in Europe, particularly on short-haul. Ryanair has announced that its chief people officer, Eddie Wilson, will succeed Michael O'Leary as chief executive of the airline from September . RT 2023. Portugal, for example, I think they're going to hand out close to three-and-a-half billion in a country of about 11 million people. So we'll wait and see, but there are strong pockets of markets that never really went backwards. I think it's been a relatively strong build, driven by much lower fares coming back from around a million passengers in April to the five million as we made our way up into June. Yeah. Once we deliver on those commitments, I would say that people will see, exactly as they've seen over the years, even in a pre-union environment that we are straight up in how we do our business and the vast majority of our people recognise that. You only have to look at our route network of 240 destinations, it's not necessarily about that. "There are some markets where we've done particularly strongly in and even throughout this, like the Italian domestic market, and also the Spanish domestic market. It doesn't work. I was going to ask you if there is growing talk of price floors, there's also been quite a lot of state aid in the past year. Click to reveal Ryanair chief: airline will grow at expense of weakened rivals Eddie, the time has gone so fast. Should airlines pay for what they've done to us? Facebook gives people the power to. We have 60-odd of those arriving this year, and they've got to go somewhere, and they're going to go somewhere where we have core certainty, and for those airports, at least they can plan for their ancillary revenues, whether that's airport shopping, car parking, etc. The airline has also faced industrial action in Portugal, Spain and the UK this summer. Confirming the news, Mr OLeary told staff in a note that Mr Wilson would take up his new role immediately, and this will start a transition process over the next three months of taking over from myself. EW: Yeah. But I think we are going to have some significant opportunities in some markets, where other airlines are going to exit from it, so I'm looking forward to it. Edward Wilson serves as Chief Executive Officer of the Company. Eamon Quinn. Thank you so much for all or your candour. "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. It's such an easy target, but such an essential part of the infrastructure that we're in, and there is a view that is all flying is discretionary. We still don't have indoor dining in Ireland, and it's the one country where you need indoor dining in July! Prior to this, he was Ryanairs Finance Director from June 2006 and Treasurer from January 2003. That's fine, but this isn't the time for it. "But I just think it's important to say you've got to lead things sometimes by saying, We'll put capacity in place. 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.". So are you concerned that there is a growing level of protectionism in Europe, and where is that going to go? Mr Wilson (55) is a 22-year Ryanair veteran, who as chief people officer, has led negotiations with pilot and crew unions that Ryanair recognised in late 2017. All rights reserved. But I think now what we have is we've got the scale, like we've had a Gothenburg base for some years, we had Skavsta, now it's in Arlanda. RT is not responsible for the content of external internet sites. But if it was all price-led, we'd be back over at 95% or 96%, and clearly we're not there. Another subject, industrial relations. You ask anyone on the street, who's going to survive this crisis, people say Ryanair, and our employees are no different, and unions are a function of the employees that you have. Eddie Wilson is Chief Executive Officer at Ryanair Ltd. See Eddie Wilson's compensation, career history, education, & memberships. 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. It's such an easy target, but such an essential part of the infrastructure that we're in, and there is a view that is all flying is discretionary. Eddie has made a huge contribution to Ryanair's growth without ever losing his South Dublin accent, boyish charm or North Dublin address. The load factor that run has been achieving in the low 70s percentage terms. "But I think that will gradually make its way through Europe. Let's fill as many seats as possible." The hold-up has slowed Ryanairs growth plans. Would that be fair to say? This brings me on to the question of airline consolidation. Buzz has 25 of the groups craft, Lauda has 16 while Ryanair intends moving 60 planes to Malta Airs airline licence. Some of the key highlights can be found below. 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. Consumer Alert: Beware of travel clubs with "VIP" prices, Quake City Confidential: How we made it through our first earthquake in Christchurch, please contact our team at Elliott Advocacy through this form. We don't have a base there, and we would have been flying say for example, between there and Torp, which would be a secondary airport for Oslo. "I think somewhere in the order of TAP in Portugal are going to reduce their fleet by somewhere in the region of 30% or 40%, but they're hanging on to all the slots. JW: The load factor that run has been achieving is in the low 70s in percentage terms. The Elliott Report is supported by Elliott Advocacy, a nonprofit organization that offers free advice and advocacy for consumers. Ryanair chief people officer, Eddie Wilson, will succeed Michael O'Leary as chief executive of the group's biggest airline, Ryanair DAC, from this weekend. There's an element of getting ahead of it, I think for us. Here's what can you do to speed things up, The memberships are costly and have no value. RyanAir Direct is located in Dublin, Leinster. It is. Mr Wilson said he did not expect a repeat of travel chaos seen in Europe last summer as airports struggled to deal with a return to travel after pandemic lockdowns, but he said "it's not going to be perfect.". 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