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Old 13th Aug 2008, 14:52
  #2397 (permalink)  
wobble2plank
 
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O'Leary is no mans fool, you don't get to run such a ruthless organisation and amass such a large personal fortune by being a fool.

He is very very clever, extremely lucid and very well briefed. He put down any arguments against him in a clear, concise and practical fashion. I have to say I thought he came over extremely well. I actually like the fact that he is prepared to stand up and tell it how it is. Some of his views on the 'green' lobbyists are great to hear and something that the CEO's of some of the other large carriers could/would never air.

Unfortunately the cost of his success is borne by those who work at the coal face. There are far more ideal terms and condition available out there hence the high Ryanair crew turnover. But, if he can turnover the crew rapidly and get them to pay for their own training he will never have to worry about the £100,000+ 24 years in the firm flight crew. He will have his aircraft flown by cheaper pilots.

I just wonder how long the legs on the Low Cost business model are these days?

W2P
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