Ryanair lands O'Leary contract boost, shares in focus

By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-23, 11:13.

Ryanair (IE00BYTBXV33) is drawing attention in European trading after reports on Michael O'Leary's new contract through 2032. RTÉ reported a 50% increase in his basic pay to €1.8 million a year, and Reuters-linked coverage appeared on the same contract details.

Contract details in Dublin

RTÉ said the four-year agreement runs to 2032 and lifts O'Leary's annual base pay to €1.8 million. That follows Ryanair's full-year FY26 earnings release, which showed pre-exceptional profit after tax rising 40% to €2.26 billion for the year ended March 31, 2026. RTÉ report on the new contract

What the numbers show

Investegate's filing mirror for the FY26 earnings update puts revenue at €15.54 billion, up 11% year on year. Scheduled revenue rose 14% to €10.56 billion, while ancillary revenue increased 6% to €4.99 billion.

What the company sells

Ryanair's core business is low-fare passenger air travel across Europe, centered on high-frequency point-to-point routes. The airline's model also relies on ancillary revenue from baggage, seat selection and priority services.

Price at the open

The Ryanair shares (IE00BYTBXV33) trade on 2026-06-23, 12:01 on the NASDAQ at 62.74 USD.

Disclaimer: Market data can change during trading hours. This article is for information only and is not investment advice.