Ryanair’s Deputy CEO and COO to be Opening Speaker at 2010 Airline Retail Conference

Michael Cawley, Ryanair’s Deputy CEO and Chief Operating Officer, will be the opening speaker at the 2010 Airline Retail Conference, which will take place on 20 and 21 July 2010 at the Sofitel London Heathrow.

Michael joined Ryanair in 1997 as Chief Financial Officer and Commercial Director, before being appointed COO and Deputy Chief Executive in 2003.

Since then, Ryanair’s route network has increased from 12 routes to 1100 and its passenger numbers have exploded from 3 million to nearly 67 million for the year ending 31 March 2010. Revenues were just shy of €3 billion at €2,988m.

On 1st June, Ryanair announced €664m of ancillary revenues for the year to March 2010 - an impressive 22% of the company’s overall revenues.

The importance of generating ancillary revenue to inflight retail is one of the key themes of the conference, with 4 of the top 5 ancillary revenue earners - AirAsia, easyJet, Ryanair and Vueling - already signed up to attend.

Michael Cawley joins fellow ancillary revenue leaders at ARC2010 - easyJet director Warwick Brady and Vueling CEO Alex Cruz are also confirmed as speakers. The speaker list also includes executives from flag carriers such as Lufthansa, American Airlines and United Airlines.

Event director Alex Vail said “we are delighted Michael is opening ARC2010. He plays a pivotal role in growing inflight revenues at Ryanair, and brings a tremendous amount of inflight retail experience and wisdom.”

Delegate places at ARC2010 cost £530 (+VAT).

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