Bonuses | Ryanair boss faces backlash over potential £87m bonus

Budget airline Ryanair Chief Executive Michael O’Leary has come under fire after the company revealed that he could potentially receive an annual bonus of up to € 99million.

O’Leary, whose aggressive business tactics and radical cost-cutting techniques aided the company in implementing its famously low-cost business model, was heavily criticised by Ryanair’s unionists, who stated that is leadership has historically been questionable.

Speaking to the Financial Times, Joost van Doesburg of the Dutch pilots’ union VNV commented: “This type of bonus will only stimulate Mr O’Leary to continue his unsustainable way of dealing with his employees and increase social abuse like bogus self-employment and no sick pay.

“It would be much better if the social welfare of the Ryanair staff would be taken into account when the senior management are getting their bonuses.”