O'Leary took no cut from Ryanair profits

MICHAEL O'Leary, the outspoken boss of Ryanair, received no increase in his salary or bonus despite delivering a 30% rise in profits at the airline last year.

The company's annual report shows Mr O'Leary received a basic salary of €505,000 in 2004/05 and a performance bonus of €127,000. The figures were the same as Mr O'Leary was paid in 2004.

When pension contributions of €54,000 are added in, Mr O'Leary received a total of €686,000.