O'Leary keeps it light

BTN News
Tuesday, 08 June 2010
Irish budget carrier Ryanair ceo Michael O'Leary will be paid around EUR20 million from the carrier's special shareholder dividend of EUR500 million, but he says he won't see much of it.

About EUR12 million gets paid in tax to the Irish Government," he said.

"Then my wife will probably take about four and the balance will go to pay Ryanair's check-in fees and the excess baggage fees on the O'Learys' family holiday.

"There will be very little left for me, I will just have to keep working."

O'Leary keeps it light

BTN News
Tuesday, 08 June 2010
Irish budget carrier Ryanair ceo Michael O'Leary will be paid around EUR20 million from the carrier's special shareholder dividend of EUR500 million, but he says he won't see much of it.

About EUR12 million gets paid in tax to the Irish Government," he said.

"Then my wife will probably take about four and the balance will go to pay Ryanair's check-in fees and the excess baggage fees on the O'Learys' family holiday.

"There will be very little left for me, I will just have to keep working."