Elon Musk Calls Ryanair CEO ‘An Utter Idiot,’ Floats Buying the Company
Elon Musk is considering to purchase Ryanair Holdings plc ( NASDAQ:RYAAY ) after a fiery Twitter argument with Ryanair CEO Michael O Leary.
The feud began last week when O’Leary ruled out the possibility of installing Starlink internet devices in the Ryanair fleet on the basis that it would add to the fuel costs because of the weight and drag of the antennas.
He estimated that the service might end up costing the airline a substantial amount of money of up to 250 million in a year.
Read Also:Ryanair rules out equipping planes with Musk’s Starlink internet
Musk responded that he was an utter idiot and that he ought to be replaced by O’Leary.
[Ryanair CEO is an utter idiot. Fire him.]
He then asked his followers a question regarding X that should he acquire Ryanair and make Ryan the CEO of the company, whose real name is Ryan.
[To purchase Ryan Air and make some one with the real name Ryan the manager?]
Musk argued that in-flight connectivity is becoming more of a necessity than a luxury and the airlines that fail to provide internet services such as Ryanair, have a possibility of losing their customers. The X post rapidly spread, and many users were requesting Musk to proceed with the acquisition.
[Buy it and renounce its name to Elon Air where everybody can access wifi as though it were Elonaire.😂]
The open altercation as well as the fact that Musk then contemplates the idea of acquiring Ryanair indicates the increasing value of in-flight connectivity in the aviation sector. The argument presented by Musk about the airlines risking the loss of customers due to the lack of the internet is important in depicting the evolving expectations of air travelers.
The feud also raises the possible cost implication of installing internet devices on aircraft, which airlines should take into consideration in an attempt to improve customer experience.