Ryanair’s CEO, Michael O’Leary, has extended his contract through 2032 under a new agreement. The deal includes a potential bonus scheme valued at over €150 million for the 65-year-old executive. Ryanair is currently Europe’s largest airline based on passenger numbers. The contract extension provides stability for the airline’s leadership. Details of the bonus structure were reported by Reuters. This agreement reflects O’Leary’s continued success in steering the low-cost carrier. The move aims to ensure continued growth and profitability for Ryanair in the coming years.