Ryanair's CFO Admits Potential for Starlink WiFi On Planes Amid O'Leary-Musk Feud
In a surprising turn of events, Ryanair's finance chief Neil Sorahan has hinted that the airline may consider using Elon Musk's Starlink wifi technology on its planes in the future. The suggestion comes amid a heated feud between Ryanair boss Michael O'Leary and the world's richest person.
Sorahan said that when the tech is available and the price is right, Ryanair would look into installing Starlink satellite internet technology on its fleet of 650 aircraft. This idea was first floated by Sorahan after an online spat between O'Leary and Musk, who criticized O'Leary's rejection of the technology.
O'Leary had initially expressed skepticism about using Starlink on his planes, citing concerns over fuel costs and technical feasibility. However, he later admitted that the quarrel with Musk had actually increased bookings by 2-3%.
Despite this, Sorahan remains cautious about introducing in-flight wifi to Ryanair's short-haul flights, which typically last between one and three hours. The airline has struggled to convince passengers to pay for wifi services on its planes.
The feud between O'Leary and Musk may have had an unexpected effect on Ryanair's website traffic, with Sorahan describing the online spat as "good fun". However, this lighthearted atmosphere does little to alleviate concerns about the airline's financial prospects.
Ryanair recently revised its forecasts for passenger numbers, profit growth, and fares, citing a 7% increase in average fares. The airline also raised its profits after tax, despite a fine from the Italian competition authority that it is appealing against.
As shares in Ryanair dropped by 1.7% on Monday, investors may be wondering whether Sorahan's comments about Starlink wifi mark a turning point for the airline's strategy. With Boeing deliveries progressing well and the final four Max 8 models set to join the fleet, there are signs of a more optimistic outlook for Ryanair.
In a surprising turn of events, Ryanair's finance chief Neil Sorahan has hinted that the airline may consider using Elon Musk's Starlink wifi technology on its planes in the future. The suggestion comes amid a heated feud between Ryanair boss Michael O'Leary and the world's richest person.
Sorahan said that when the tech is available and the price is right, Ryanair would look into installing Starlink satellite internet technology on its fleet of 650 aircraft. This idea was first floated by Sorahan after an online spat between O'Leary and Musk, who criticized O'Leary's rejection of the technology.
O'Leary had initially expressed skepticism about using Starlink on his planes, citing concerns over fuel costs and technical feasibility. However, he later admitted that the quarrel with Musk had actually increased bookings by 2-3%.
Despite this, Sorahan remains cautious about introducing in-flight wifi to Ryanair's short-haul flights, which typically last between one and three hours. The airline has struggled to convince passengers to pay for wifi services on its planes.
The feud between O'Leary and Musk may have had an unexpected effect on Ryanair's website traffic, with Sorahan describing the online spat as "good fun". However, this lighthearted atmosphere does little to alleviate concerns about the airline's financial prospects.
Ryanair recently revised its forecasts for passenger numbers, profit growth, and fares, citing a 7% increase in average fares. The airline also raised its profits after tax, despite a fine from the Italian competition authority that it is appealing against.
As shares in Ryanair dropped by 1.7% on Monday, investors may be wondering whether Sorahan's comments about Starlink wifi mark a turning point for the airline's strategy. With Boeing deliveries progressing well and the final four Max 8 models set to join the fleet, there are signs of a more optimistic outlook for Ryanair.