Michael O'Leary

Millie says, my old dad who's 90 reckons this is going to be how they show the economy is improving, says Millie, and then says, laughing out loud at that.

Michael says, So many of these.

Sarah says, Richie was in my local Iceland.

I actually asked if they'd noticed an increase in people buying for emergencies.

Inflation is...

It's only starting.

It's only beginning, you think, because Michael O'Leary, love him or loathe him.

I find myself loving and loathing him equally sometimes.

It is business as usual.

I think the really fascinating thing for me was when the UAE was closed, when they were doing all the relief flights, speaking to a friend who flies for Amman Air, and they were having to fly down through Saudi airspace to avoid flying over Iran.

So now we've changed the picture back again.

I still think, yeah, look, it's worrying, but I still think that things are back on track again.

yeah winter is coming and it's not i'm not referring to game of thrones uh i'm referring to the leanest time of the year where it becomes difficult for airlines and i'm going to give you guys some quotes and then we're going to go talk about this so as we know winter is always the lean season most airlines lose money on it there's some of them who make a bit of money because of them they're moving their aircrafts around but it's it's a tough time But bosses from the airlines are now saying this is going to be one of the worst on record.

And I've got a couple of quotes for you.

So our good friend Michael O'Leary calls it a full blown crisis.

Everybody is going to be hurting next year.

It's so important to know.

It is just bonkers and Oh, I guess like there are people, unfortunately, like Michael O'Leary, who is just all about profit.

And then I feel like he'll try greenwash and be like, well, you know, like I would love to do.

I remember hearing him say before that he would love to fit as many people on a plane as possible if he could have everyone standing up holding on to rail like you do on a

before two years

ago? Like, there is so much more important stuff happening in the world.

Like, I find it kind of obscene how much attention has been given to it in the media, how many times people like Michael O'Leary have been platformed on radio, on national papers, when there are so much more significant things happening in the world.

It's just...

I do believe those days are behind bookmakers.

The company was a lot like Michael O'Leary and Ryanair.

It was this Irish upstart that was really, really savvy with rubbing up people the wrong way in terms of cheap and free publicity.

And ultimately for people there, it was a lot of fun.

Now, to a large extent, that's true.

But did you ever hear Michael O'Leary of Ryanair go, well, sorry, all of our planes are already full.

Well, he'd go and buy more planes.

And that's ultimately the thing that you need to get here.

Yes, and we're seeing this across other airlines as well.

Ryanair, you might know of the outspoken CEO Michael O'Leary over here.

He also has cut some capacity from his network and so has EasyJet as well.

So this isn't just a whiz issue, this is across the board.

They're going through a Chapter 11 restructuring at the moment.

So yeah, this crisis, the oil crisis, has really impacted the smaller carriers across the European landscape.

That being said, what we're seeing today from WIZ because of the fuel costs, and Delta CEO Ed Bastian mentioned, you know, likewise in their quarterly earnings report that jet fuel is surging and it's going to have to restructure some of the things that they do.

Is this something that we could see from some of the bigger international carriers that they might offer some buyouts to captains to try to save money and maybe eliminate even routes because of the high fuel costs?