Michael O'Leary Thanks Elon Musk For The 'Wonderful' Publicity: Says Tesla CEO Free To Invest In Ryanair, Which Offers Better Returns Than X

Ryanair Holdings PLC (NASDAQ:RYAAY) CEO, Michael O'Leary, said that his public spat with Elon Musk has delivered a boost to the airliner’s bookings, while adding that the billionaire entrepreneur was welcome to invest in the airline, which he said offers better returns than “X.”

Ryanair’s CEO Thanks Musk For The ‘Publicity’

Speaking at a press briefing on Wednesday, O'Leary outlined why Ryanair has opted not to install Starlink satellite internet across its fleet, citing installation costs and “fuel drag,” which he said would increase the airline's fuel bill by “€100 and €200 million” annually.

The decision had sparked a storm on X earlier this week, with Musk calling O’Leary “an utter idiot,” while floating the idea of purchasing the airline and firing the CEO, who he said would be replaced by someone named “Ryan.”

“But we do ...