Ryanair business 'booming and getting boomier' despite capacity fears

The airline's chief executive warned that supply issues may affect Ryanair's short-haul aircraft capacity in Europe

Michael O'Leary, chief executive officer of Ryanair Holdings Plc, during a Bloomberg Television interview at the Bloomberg New Economy Gateway Europe conference near Dublin. Photographer: Paulo Nunes dos Santos/Bloomberg

Ryanair's business is "booming and getting boomier" with no sign of European consumers tightening their belts when it comes to travel, Group Chief Executive Michael O'Leary said on Wednesday.

"I am surprised at the strength of spending in the European economy at the moment," O'Leary told a Bloomberg conference in Wicklow.