Ready for take-off: Ryanair’s Michael O'Leary clears runway for €125m payout

After six years, Michael O’Leary’s €125m Ryanair bonus takes flight — with stock performance hitting its long-term target

Michael O’Leary stands to earn share options if Ryanair shares hold a price of €21 for 28 consecutive days. Picture: Mark Stedman

When it comes to picking up a bonus, Michael O’Leary has shown it pays to be in for the long haul.

The Ryanair group chief executive is set to receive a bumper bonus, currently valued at €125m, six years after striking a share options renumeration deal with the airline.