Ryanair bosses and shareholders set to clash at AGM

Ryanair bosses and shareholders will come head to head today as the airline holds its AGM in the midst of warnings of a multi-million compensation bill for cancelled flights.

The meeting takes place at the company's Dublin headquarters after it revealed it was shelving up to 50 flights everyday over the next six weeks.

The airline said the cancellations were brought about by the over-allocation of pilots' holidays during a relatively busy period.

And Ryanair faces a bill of up to €20m for passengers left stranded and forced to re-book.

But passengers have been reporting problems with the process of refunds and compensation for cancelled flights, saying information supplied by the airline is incorrect and calls are going unanswered.

Angry customers inundated Ryanair's Facebook page and many are also complaining their calls and messages through the airline's call centre and online "chat" service are going unanswered or being cut off.

The airline said it was aware of the issue and any customers who were double-charged for seats or hold luggage will be refunded.

While the AGM was planned to go through run-of-the-mill corporate governance on accounts, executive pay, election of directors and share purchases, the meeting is also expected to feature questions over the handling of the crisis.

Chief executive Michael O'Leary will be in attendance.

He has accepted the debacle had a "large reputational impact" on the airline and apologised.

Ryanair said all 315,000 customers affected by the cancellations received an email on Monday advising them of their flight changes and offering alternative flights, refunds and EU261 notices.

The airline said it expected to have re-accommodated more than 175,000 customers on other Ryanair flights and to have processed refunds for more than 20% of those affected by close of business yesterday.


Related Articles

Shareholder tells Michael O'Leary to 'wear your sack cloths for a few weeks' over 'boo boo'

Latest: Michael O'Leary's 18-hour figure 'does not seem to have any basis in reality,' says union

Ryanair faces flight chaos if pilots 'work to rule'

Ryanair pilots: No thanks to €12,000 bonuses for working backlogged holiday days

More in this Section

Careers 2018: CareerWise growth a barometer for Ireland’s thriving economy

Careers 2018: MSD Brinny, where your work can make a difference

Careers 2018: Ireland’s newest private hospital proves an instant success with service users

Careers 2018: Fastnet Talent Group set to add six global roles


Today's Stories

Battle of big forces at Ryanair

More public investment needed for Cork to thrive

Too early to tell whether prices and wages will rise

Little room for hot air in energy debate

Lifestyle

Scenes from the analogue city - Memories of Limerick from the late 80s and early 90s

Ask Audrey: 'I heard that Viagra fumes from Pfizer’s were causing stiffys below in Ringaskiddy'

The 12 drinks of Christmas - Top tipples for the festive season

Sex advice with Suzi Godson: My boyfriend is too noisy during sex

More From The Irish Examiner