Sunday 21 January 2018

Ryanair's chiefs might go for a dance at next year's AGM

Ryanair chief executive Michael O'Leary
Ryanair chief executive Michael O'Leary

Ryanair's annual general meeting this Friday will ask shareholders to approve a generous bonus structure for senior executives.

The early morning affair at Dublin Airport is likely, as it did last year, to attract a pretty full house (although The Punt recalls the board having to huddle around the squeezed top table because the meeting room was smaller than usual).

It will also be curious to see if Ryanair will move the AGM venue next year to be closer to its new HQ, just up the road beside the Airside Retail Park in Swords. The airline's staff is expected to start moving there within the next couple of months once a major internal fit-out has been completed.

The closest hotel with a function room is the Premier Inn at Airside. That's a couple of doors away from the massive nightclub – The Wright Venue – owned by businessman Michael Wright.

He's just lobbed in an application to Fingal County Council for a temporary five-year planning permission to open a 1,500sqm private members' gym on the premises – something that could even appeal to the health-conscious Michael O'Leary (pictured).

The Punt can't see him lining up after work on a Friday to persuade the bouncers to let him into the nightclub, though.

Irish Independent

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