Half Year 2023 Ryanair Holdings PLC Earnings Call Transcript
Welcome to the Ryanair H1 FY '23 Results Conference Call. (Operator Instructions) Just to remind you, this call is being recorded. Today, I am pleased to present Michael O'Leary. Please begin your meeting.
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Okay. Good morning, ladies and gentlemen. You're all very welcome to the Ryanair half year results conference call. I'm in London with a portion of the team; Eddie Wilson is in Dublin with another portion of the team; Neil Sorahan is in New York, all joining us on the call this morning.
I'm going to take the results, and the MD&A and everything, that is [just] read. So the -- I think we'll maximize time for the Q&A here. Couple of great themes I would point you to the slide presentation on the website.
I think the 2 key issues coming out of COVID and coming out of the half year is Slide 4 which shows the unit cost, ex-fuel gap widening considerably between us and every other airline in Europe. We went into COVID with a unit cost ex-fuel of
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