Ryanair's Michael O'Leary credits Elon Musk with "free PR" over their Starlink spat, saying the airline's refusal to install the satellite internet service on its fleet has sparked a surge of media attention.
The feud between O'Leary and Musk began when the Ryanair CEO stated that his airline had no plans to install Starlink due to concerns about fuel drag. However, Musk responded by calling out O'Leary as "misinformed", prompting a back-and-forth exchange between the two CEOs.
Despite initial doubts, the spat has proven to be a boon for Ryanair, with bookings rising by 2-3 percent during the feud. The airline's revenues increased by 9 percent year-over-year, while its profits fell 80 percent due to an antitrust fine.
O'Leary attributes this surge in interest to the fact that many people were unaware of Ryanair before being drawn into the controversy. He notes that, in reality, only a small percentage of passengers (around 5-10 percent) are willing to pay for in-flight Wi-Fi, making it unlikely to add significant revenue.
However, O'Leary is open to installing in-flight Wi-Fi once the costs come down, which he estimates will happen around 200 million euros per year. He believes that future systems will allow for antennas to be installed without adding drag or requiring holes to be drilled into aircraft.
As technology improves, O'Leary predicts that most airlines will eventually install Wi-Fi on short-haul flights, including Ryanair's fleet of 650 planes. While the airline may not be ready to adopt Starlink just yet, it seems that the controversy has had a lasting impact on its profile and reputation.
The feud between O'Leary and Musk began when the Ryanair CEO stated that his airline had no plans to install Starlink due to concerns about fuel drag. However, Musk responded by calling out O'Leary as "misinformed", prompting a back-and-forth exchange between the two CEOs.
Despite initial doubts, the spat has proven to be a boon for Ryanair, with bookings rising by 2-3 percent during the feud. The airline's revenues increased by 9 percent year-over-year, while its profits fell 80 percent due to an antitrust fine.
O'Leary attributes this surge in interest to the fact that many people were unaware of Ryanair before being drawn into the controversy. He notes that, in reality, only a small percentage of passengers (around 5-10 percent) are willing to pay for in-flight Wi-Fi, making it unlikely to add significant revenue.
However, O'Leary is open to installing in-flight Wi-Fi once the costs come down, which he estimates will happen around 200 million euros per year. He believes that future systems will allow for antennas to be installed without adding drag or requiring holes to be drilled into aircraft.
As technology improves, O'Leary predicts that most airlines will eventually install Wi-Fi on short-haul flights, including Ryanair's fleet of 650 planes. While the airline may not be ready to adopt Starlink just yet, it seems that the controversy has had a lasting impact on its profile and reputation.