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Annual Ryanair Report Shows €709,000 Salary Decrease For Michael O'Leary

It shows just how much the covid crisis is affecting the airline.

Ryanair CEO Michael O'Leary's pay has dropped by 709,000 euro in the last 12 months. 

The Mullingar man still took home 250,000 but didn't receive performance or target related bonuses, which accounted for €1.2m of his salary since 2019. 

The figures come from the airline's annual report for 2021 which also showed a loss of €1 billion to the impact of covid-19. 

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