Ryanair And Michael O'Leary Agree New 6 Year Contract

It says there's a "modest" annual salary increase.

Ryanair and Westmeaths Michael O'Leary have agreed a new contract for six more years.

The company says it comes after months of discussions with the Mullingar man and shareholders.

It says there's a "modest" annual salary increase and a capped bonus included, which will be subject to a vote at the forthcoming AGM.

Ryanair says its pleased to report the process is successfully concluded and Michael O'Leary will continue to lead it until 2032.    

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