Ryanair CEO Michael O'Leary Is Not Running a Ponzi Scheme

Also: JetBlue is (probably) not flying to Geneva, Switzerland.

Dear Readers,

We know Ryanair Group CEO Michael O’Leary is always ready with a well-timed quip, but not everything he says makes sense.

This week, I am confused by O’Leary’s comments during an event called Eurocontrol Aviation StraightTalk Live. The moderator asked O’Leary to respond to United Airlines CEO Scott Kirby, who referred to ultra-low-cost-carr…