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Entrepreneurs Panel

Charlie Mullins
Debbie Pierce
Laura Tenison
Tony Caldeira
Richard O'Sullivan
Brian Hay
Steve Purdham
Jennie Johnson
Julie Meyer
David Pollock
Michael Oliver
Jeremy Roberts

Category: RyanairSyndicate content

Budget airline Ryanair has announced a major expansion of its Manchester routes, 17 months after axing all but one service, partially in response to a dispute over fees.

Michael O’Leary the chief executive of Ryanair has agreed to pay Sir Stelios Haji-Ioannou the founder of easyJet £50,100 in damages and legal fees in order to settle a libel case.

Budget airline Ryanair is to close or switch nine of its 10 routes from Manchester airport, which will result in the loss of 600 jobs.

The change is set to take effect from 1 October and would result in the loss of 44 weekly flights.

The airline blamed the move on Manchester airport's refusal to lower its charges.

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Five Minutes With

David Hughes sums up his entrepreneurial career to date thus: four spectacular successes and two failures. He founded the sports retailer Allsports and achieved turnover of £180 million before a vicious price war meant decline, administration in 2005 and a sell-off to rival JD Sports.

It took Richard Shonn, managing director of 151 Products, three years to find a warehouse big enough for his requirements.