Originally Posted by
GrahamO
They do from the perspective of risk/reward.
Pilots, and staff for that matter, do not risk their homes and livelihood when they take on a job. people who start companies take huge financial risks with their failies and home and should get the lions share of the reward as a result.
Anyone who doesn't like that is welcome to go and starts their own airline.
Its a curiously British trait of expecting all the rewards from starting a company. without the hassle of actually having to put your home on the line and live off reduced monies in the early days. That's why Silicon Valley could never happen in the UK - too many folks wanting a cut of someone elses company while asking others to take all the risk.
Just to be clear - you do know it wasn’t MOL who set up RyanAir?
Sir Anthony Ryan did that. O’Leary was just a goffer who in fact tried to persuade him to shut it down.
He got a share in the company from Ryan if he’d agree to babysit it and to try out Herb Kelleher’s new business model. Which worked well for him. Thank you Herb!
I see MOL in a very Trumpian style. A bigmouth who inherited money and a good idea, and believes he’s a genius for making it work. His minions regularly outwitted him to make Ryanair a success. He took the credit afterward. So like The Donald. A great self promoter if nothing else.
Don’t be taken in by the bluster.