Michael O’Leary’s pay soars 33% on record Ryanair revenues

Ryanair chief executive Michael O’Leary last year enjoyed a 33% hike in pay to €3.16m — €8,657 a day.

The airline’s 2016 annual report shows the outspoken CEO was richly rewarded for driving a record year of revenues and profits.

In the 12 months to the end of March last, pre-tax profits at the airline soared 75% to a record €1.7bn as the airline enjoyed revenues of €6.5bn.