Ryanair chief executive Michael O’Leary plans to leave the company in the next two to three years, a point by which he expects the budget carrier to have matured into an “establishment” airline.
In an interview with Ireland’s RTE radio, O’Leary said: “I think I will be gone from Ryanair in the next couple of years. I think it will be another two or three years.”
He stated that the carrier would need to change the way it is run when it becomes “the big establishment airline”, and that this would require “different management skills to the ones I possess”.
In late 2005 O’Leary indicated during a press conference in London that he would step down in 2008.
Source: FlightGlobal.com
