Monday, September 27, 2021
HomeBusinessRyanair boss Michael O'Leary could be flying towards an £85m payout

Ryanair boss Michael O’Leary could be flying towards an £85m payout


Ryanair boss Michael O’Leary may very well be flying in direction of an £85m payout regardless of pandemic turbulence

Ryanair boss Michael O’Leary may very well be flying in direction of an £85m payout regardless of pandemic turbulence. 

The businessman stands to bag the profitable bonus if the price range airline’s inventory hits €21 or above for a 28-day interval between 2021 and 2024. 

Within the cash: Michael O’Leary stands to bag the profitable bonus if the price range airline’s inventory hits €21 or above for a 28-day interval between 2021 and 2024

It may be triggered if Ryanair’s income double to €2billion. 

On Friday Ryanair’s shares closed at €16.47 however analysts are predicting they might quickly attain €21 because the journey business opens up once more. 

Like rivals, the corporate has been battered by the pandemic, racking up greater than £900m in losses over the previous 15 months. 

However analysts at Berenberg and Morgan Stanley have raised their value targets for the agency to €20, whereas Goodbody put it at €20.50. HSBC has additionally pencilled in €19. 

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