Ryanair: The era of €10 Flights is Over

Business » TOURISM | August 12, 2022, Friday // 12:39
Bulgaria: Ryanair: The era of €10 Flights is Over @Flickr

A sharp rise in fuel prices means Ryanair will no longer offer low-cost flights”, Ryanair chief executive Michael O'Leary has said.

"There's no doubt that at the lower end of the market are our really cheap promotional fares - the €1 fares, the €0.99 fares, even the €9.99 fares. I think you won't see those fares for the next few years," said O'Leary in an interview on BBC Radio 4.

Last year, the average Ryanair ticket price rose by around €40, with a further increase of around €50 expected over the next five years

While acknowledging that rising fuel costs are impacting people's disposable incomes, O'Leary said he was confident the airline's passenger numbers would remain stable as low-cost options would continue to be popular.

"We think people will continue to fly frequently," he said. "But I think people are going to become much more price sensitive, and so my view on life is that people are going to reduce their spending in the millions."

Follow Novinite.com on Twitter and Facebook

Write to us at editors@novinite.com

Информирайте се на Български - Novinite.bg


We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Tourism » Be a reporter: Write and send your article
Tags: Ryanair, cheap, flights, price
Expats.bg All Are Welcome! Join Now!
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria