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Wednesday 26 July 2017

Fancy the 'worst job in Ireland'? It's with Ryanair . . .

Ryanair boss Michael O'Leary
Ryanair boss Michael O'Leary

Patricia Murphy and Donal O'Donovan

Applicants with "saint-like patience", an "aversion to bolloxology" and "thick skin" have been invited to send in an application for "the worst job in Ireland" - an assistant to Ryanair CEO Michael O'Leary.

No Dubs, no cyclists and no Manchester United fans need apply, according to the advertisement posted on the airline's website.

The company has urged talented accountants to apply for the role to work directly with Ryanair's "misunderstood but beloved" CEO, who yesterday announced that he expects fares to drop by up to 15pc this winter.

Mr O'Leary cited continuing uncertainty over Brexit negotiations and intense competition.

Financial results yesterday showed Ryanair had cut fares by 10pc on average in the first half of the year, bringing the price of an average flight with the airline to €50. The airline said profits were up 7pc in the first half of the year, boosted by more people travelling.

While pressure on prices is bad news for the airline, Mr O'Leary said it was "good news for customers, not so good news for shareholders".

Ryanair's strategy of having as many customers flying as possible to use its growing capacity means when markets are tough it cuts prices to stimulate demand.

"For passengers what is inevitable is in the next 12 to 18 months you benefit by having lower fares," he said.

For the UK, though, one knock-on effect of Brexit will be fewer flights there.

O'Leary, who campaigned for Remain in the referendum, described the politicians negotiating Brexit as "puddings".

"It looks like these puddings are heading for a hard Brexit simply because of their own incompetence," he said.

Irish Independent

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