Ryanair 'not as exposed to sterling drop as its competitors'

Eddie Wilson says Ryanair recovered faster than other EU airlines and delivered 15% growth on pre-Covid numbers in Ireland

Ryanair DAC CEO Eddie Wilson and Tánaiste Leo Varadkar look on as Ryanair CEO Michael O’Leary speaks at the event in The Merrion Hotel, Dublin, to mark Ryanair’s 35th birthday. Picture: Brian Lawless/PA

Ryanair DAC CEO Eddie Wilson said the airline is not as exposed as its competitors to the drop in sterling, despite it being the largest airline in the UK by passenger numbers.

Sterling has plunged since Friday following radical unfunded tax cuts. It fell again on Wednesday as Bank of England had to step in and buy British bonds amid an unfolding crisis.