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Simon Calder's Independent Travel Podcast

January 17th - Inside the aviation industry with Ryanair

Simon Calder's Independent Travel Podcast

The Independent

Places & Travel, Leisure, Society & Culture

3.6628 Ratings

🗓️ 17 January 2024

⏱️ 7 minutes

🧾️ Download transcript

Summary

Today's podcast: an exclusive interview with Michael O'Leary, chief executive of Europe’s biggest budget airline, Ryanair.


He tells me about his worries about air traffic control problems this summer; how Boeing is dealing with the 737 Max; how cheap air fares are here to stay; and why the government's probe into drip pricing is wrong.


This podcast is free, as is my weekly newsletter. Sign up here to have it delivered to your inbox every Friday.


Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0

I would continue to worry. I think the French air traffic control strikes will continue.

0:07.6

Europe has failed to take any action to protect overflights, which would solve 90% of these issues.

0:13.7

And I worry about UK Nats. I think they will continue to be systems failures and they'll continue to be short staffing.

0:19.1

Other than that, though, I think this will be a better summer. Capacity will still be constrained in Europe. Europe will still not be back at its pre-COVID capacity. So I think, and I'm hopeful, that the experience at the airports, except whether there's a Nats failure or a French ATC strike, will be better this year than it was last summer. Now, what about the aircraft that people are flying on, though? Because you're not going to get the aircraft that you wanted. Is that going to push fares up? I mean, I think there's a risk of that. A lot depends on what happens to oil over the next three or four months. You know, you have the Hootie rebels attacking shipping in the Red Sea. Oil tankers having to go around South Africa, price of oil is beginning to rise again. But if it's left to Ryanair, we will get delivery of, I think, we think 50 new aircraft from Boeing this year will be seven or eight aircraft short. That's still a lot of growth though. We're going to add about nearly 10% to our fleet. So I think we'll be able to keep our fares down, particularly in those markets where we're growing. And today the good news is we announce we're going to base two new aircraft in London, one instance of one in Luton. We're going to grow our London traffic by about another 8% this year. So I think we'll keep Ryanairfares low at a time when most of our competitors are still trying to increase airfers.

1:33.2

Let's talk about those aircraft. You're flying the special variant of the Max 8, which doesn't,

1:38.4

of course, have the same issue as the Max 9, but there's a lot of focus on quality control at Boeing.

1:45.0

And you were saying that, coming out of COVID, you were not at all happy with the quality control at Boeing. I think that's true. I mean, I think coming out of COVID, you were not at all happy with the quality control at Boeing. I think that's true. I mean, coming out of COVID, we were taking aircraft deliveries and finding lots of small defects.

1:51.0

You know, things have not fitted correctly. We do a kind of a 48-hour check on every aircraft when it's delivered into Dublin.

1:58.0

I'm pleased to say though that in the last 12 deliveries we took in

2:02.3

October, November, December were the best deliveries we've taken from Boeing. So I think the work

2:06.5

that Cal, David Calhoun, Brian West and the senior managing of Boeing have done in the last year

2:11.0

is beginning to pay off. Results are beginning to come through. But clearly more needs to be done.

2:16.6

I mean, we still don't know what

2:18.1

caused the plug on the Alaskan Airlines to blow out. It looks like it's a quality control issue,

2:24.0

and if it is, I think Boeing are going to have to redouble their efforts. We met with Boeing in

2:27.7

Seattle last week. They've told us that they're going to almost double the number of engineers

2:32.6

they have on the shop floor on quality control production quality.

2:37.1

And they've asked us to put more engineers in there to oversee the quality on the Ryanair aircraft as well.

2:42.4

Should passengers, though, and bearing in mind, of course, that Ryanair is the safest airline in the world

2:47.1

in terms of the number of passengers carried without a single fatal accident,

2:51.2

but should passengers be worried at you expressing your concerns about quality control at Boeing?

2:57.3

I don't think so. I mean, I think of anything, they should take confidence from it.

...

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