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Airfares will spike 10-20% next year: Ryanair CEO

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Summary

Ryanair CEO Michael O’Leary spoke to CNBC’s Steve Sedgwick about his forecast for European airfares to rise by 10% to 20% next year as airlines face higher fuel costs and cut capacity.

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  1. CNBC Center Factuality: High US
    Ryanair CEO warns fares could rise by up to 20% in 2027 as fuel bill jumps by $2.2 billion

    Ryanair's CEO Michael O'Leary told CNBC that European airlines may have "significantly higher airfares" of up to 20% next year as fuel costs rise.

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CNBC Airfares will spike 10-20% next year: Ryanair CEO
euronews (English) Ryanair eyes cost cuts as it faces a €2 billion rise in its fuel bill next year

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