Ryanair CEO anticipates European airfare prices up as much as 20% next year as jet fuel prices rise
The CEO for Ryanair expects European plane ticket prices may climb as much as 20% next year with the conflict in the Middle East ongoing. “So we’re facing 2027 where we have much higher oil prices… I think they’re going to get passed on in significantly higher airfares,” CEO Michael O’Leary said in …
Reports & sources
Quartz
Ryanair warned European airfares could rise up to 20% as fuel hedges expire (opens Quartz)Quartz's feed description
WTOP Washington DC
Ryanair CEO anticipates European airfare prices up as much as 20% next year as jet fuel prices rise (opens WTOP Washington DC)WTOP Washington DC's feed description
Fortune