Business Irish

Thursday 29 September 2016

Ryanair's O'Leary backs anti-Brexit campaign, wants 'Yes' to Europe

Published 24/02/2016 | 14:01

Ryanair boss Michael O’Leary has today urged the British public to vote in favour of remaining part of the European Union, lending his weight to a growing campaign to prevent a so-called ‘Brexit’.

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“Ryanair is absolutely clear that the UK economy and its future growth prospects are stronger as a member of the European Union than they are outside of the EU,” he said.

Mr O’Leary added: “Leaving Europe won’t save the UK money or red tape because like Norway the UK will still have to contribute to Europe, and obey its rules if it wants to continue to trade freely with Europe, so it’s clear that UK voters should vote Yes to Europe and Yes to the reformed Europe, that David Cameron has delivered.”

A number of Irish business leaders have already voiced their concerns that the UK could leave the European Union following a June 23 referendum.

But there’s significant momentum on the ‘no’ side that’s hoping for a split with Europe. London Mayor Boris Johnson is among those backing the no campaign.

Ryanair employs over 3,000 people across its 13 airport bases in the UK, and carries over 35m customers between the UK and Europe each year.

The airline added: “Ryanair agrees that the EU needs reform, to reduce bureaucracy and become more efficient for the benefit of Europe’s consumers. The best way to achieve this reform is for the UK to lead from within the European Union and not from outside where like Norway, the UK will still pay, will still obey the rules, but will have no influence over decision making.”

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