Ryanair Boss Says Era of Cheap Flights Is Over

DALLAS – Michael O’Leary, the somewhat outspoken boss of Europe’s biggest low-cost airline Ryanair (FR), has said that the era of €10 fares to Europe is now over, with soaring fuel prices set to see ticket prices rise.

Mr. O’Leary was interviewed on BBC Radio 4‘s Today Programme, on which he said that he expects the airline’s average fare to rise from around €40 (US$41.34) in 2021 to roughly €50 in the next five years.

“There’s no doubt that at the lower end of the marketplace, our really cheap promotional fares—the one euro fares, the €0.99 fares, even the €9.99 fares—I think read more ⇒

Source:: “Airways Magazine”

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