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Published 22:14 6 Oct 2017 BST
Updated 22:42 6 Oct 2017 BST
In a statement released today, Mr O'Leary paid tribute to Mr Hickey's 30-year career with the airline.
"Over the past 30 years Mick Hickey has made an enormous contribution to Ryanair, especially the quality and safety of our engineering and operations functions.
"He will be a hard act to replace, which is why we are grateful he has agreed to continue in an advisory role to smooth the transition to a successor and to complete a number of large projects he is currently working on including a multiyear engine maintenance contract and new hangar projects in Seville and Madrid.
"All of us in Ryanair wish to sincerely thank Mick for all his advice and guidance over the past 30 years and we wish him every possible success in the future."
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