Ryanair's chief executive Michael O'Leary has said Britain's new prime minister Rishi Sunak had tough decisions ahead, but added that he was glad "adults have taken charge again".
"They are getting rid of some of the people who were there, from Boris Johnson to Liz Truss, all the Brexiteer wing of the Tory party – they are crazies," O'Leary told Reuters on the sidelines of an event in Lisbon.
He said he hoped Sunak's first decision would be to rejoin the EU free trade agreement.
Earlier, O'Leary said the worldwide surge in inflation is a boon for Ryanair's growth.
Countries across Europe have been grappling with soaring prices brought on by factors such as Russia's invasion of Ukraine, global supply shortages, and the Covid-19 pandemic.
"We think recession, price inflation is very good for our growth," O'Leary said, explaining that in crises, passengers do not stop flying completely, but rather become more price-sensitive and opt for cheaper airlines like Ryanair.
"We see that continuing," the budget airline boss said.
Some European airlines have recently said demand for travel was holding up, calming worries that pressure on household budgets could stall aviation's recovery from the pandemic.
On October 13th, O'Leary said the sustained demand appeared to be supported by savings built up during the pandemic.
However, he then sounded a note of caution over how long that could endure, as he expected customers' disposable income to get hit by higher interest rates and cost of living further into the winter.
