The parable of Ryanair

When David becomes Goliath


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  • 12 16, 2020
  • in Business

SOMETHING HASThe Economist Today changed since your columnist first met Michael O’Leary, boss of Ryanair, over a no-frills sandwich lunch almost two decades ago. He still talks blarney at supersonic speed. He still rails against an unholy trinity of flag-carriers, governments and regulators. But his tone is different: less cursing (only three “fucks” in an hour) and even a moment of half-joking humility (“I would like to think I have emerged like Scrooge on Christmas morning realising the error of my ways”). Most notably, his views have mellowed about three constituencies which for decades he would reliably berate, if chiefly for publicity purposes: customers (“usually wrong”), unions (“busted flushes”) and environmentalists (“shoot them”).

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