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O'Leary Dismisses Musk Takeover Talk as Ryanair Turns Feud Into Sales Bump

EU ownership rules bar non‑EU control of European airlines, leaving any Musk takeover unlikely.

Overview

  • At a Dublin press conference, Michael O’Leary said Musk is welcome to buy shares but cannot take control under European Union regulations.
  • Ryanair reported a short‑term lift in bookings of about 2%–3% over the past five days after viral promotions, including a limited “idiot seat” fare offer.
  • The dispute traces to O’Leary rejecting Starlink onboard Wi‑Fi for the carrier’s more than 600 aircraft, estimating up to US$250 million per year in costs including added fuel burn.
  • Elon Musk insulted O’Leary on X and ran a poll about buying Ryanair, also joking about installing a leader named Ryan at the airline.
  • Investor reaction stayed muted with only modest share moves, reflecting skepticism that Musk could mount a viable acquisition under current rules.