Mick stays on for another 5 years.

http://www.independent.ie/opinion/editorial/good-news-for-all-of-us-that-oleary-is-in-for-the-long-haul-29263904.html

Extracts :

MICHAEL O'Leary is a bit of a tease. After years of telling the world that he was planning to retire, the 52-year-old airline magnate now says that life at Ryanair is too exciting and he plans to stay on for another five years.
In truth, it has always been difficult to picture Mr O'Leary at home in Mullingar breeding cattle and horses, but his announcement is nevertheless welcome.

Ireland, and indeed Europe, has benefited hugely from Mr O'Leary's low-cost model which has kept families together, allowed emigrants and immigrants to move around the continent and created thousands of jobs. He has probably done more for European unity than a dozen European Union summits and Ryanair qualifies as one of the great forces for European unity.

Cheap air links between Europe and the United States at Ryanair prices would go a long way to improving the lives of the hundreds of thousands of Europeans and Americans who have decided to live in another continent by force or by choice. It would also go some way to improving business relations between the two continents. Mr O'Leary will have to retire one day, but it will be good for all of us if he can repeat his low fares trick over the Atlantic before he heads back to Gigginstown to devote himself full-time to breeding his beloved Aberdeen Angus.

http://www.independent.ie/opinion/columnists/ian-odoherty/five-more-years-five-more-years-29271059.html

The news that Michael O'Leary will stay at the helm of Ryanair for another five years has provoked a predictable response in some circles – a bizarrely ungrateful mixture of scorn and contempt for both the man and his incredible aviation success story.
He provides thousands of jobs, hundreds of thousands of people who wouldn't ordinarily be able to travel can afford to fly on his carrier and he has made a point of staying in Ireland and paying his not inconsiderable taxes.

So why is he genuinely loathed by so many people?

After all, if he was American, O'Leary would find himself a regular cover star of Fortune magazine, yet a large proportion of Irish people have a deep, visceral, personal dislike for the guy.

In fact, seeing Ryanair coming up with various ideas to raise revenue – from the gloriously ludicrous and tongue-in-cheek innovations such as pay-as-you-go toilet facilities to standing room- only flights – and then seeing the chattering classes and the commentariat reacting in horror at his latest act of gaucheness is always a joy to behold.

But behind the PR guff that goes with him, this country owes O'Leary a massive debt of gratitude and while we don't have a formal civil honours list, I'd proudly vote for him to be the first worthy recipient.

Here we have someone who went into what was effectively a closed shop, saw how all the established players had set down the accepted rules and then he went about smashing them.

Before Ryanair we were paying three hundred quid for a flight to London – now you can go there and back in the same day for less than the price of one of the sandwiches you can buy on board.

And the most vociferous attacks on him always seem to conveniently forget one thing – he doesn't force people to book with his airline.