Ryanair CEO: Airfares will soar this summer –
According to Ryanair CEO Michael O’Leary, the cost of flying this summer will reach a “single-digit percent” high above pre-pandemic levels. European holidaymakers will face higher airfares due to “demand for the beaches of Europe” during the summer vacation months, O’Leary warned. Ryanair chief also pointed to the war of aggression waged by Russia in Ukraine and its impact on the price of fuel this summer season. An expected economic downturn, an inflexible post-Brexit labor market in the UK and […]
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