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Ryanair Group CEO Michael O'Leary said today he is very happy to continue working at the airline until his contract runs out in 2028

Ryanair predicts fares will be down for remainder of year

The group chief executive of Ryanair has said the airline expects fares to be lower for the remainder of this year.

Ryanair shares had plunged 15% last month when Michael O'Leary warned of a downward trend in airfares that could exceed 10% in its key July-September quarter

Ryanair's O'Leary says fare falls have levelled out

Ryanair has today upgraded its summer air fare outlook, with group CEO Michael O'Leary telling Reuters he no longer saw a risk of double-digit percentage falls as European short-haul weakness had "levelled out".

Business • 27 Aug 24

Ryanair has reported a 46% fall in after-tax profit for its April-June quarter from the previous year

Ryanair's quarterly profit misses estimates, shares sink

Ryanair's shares slumped 17% today after it reported a 46% fall in after-tax profit for its April-June quarter from the previous year, missing analyst estimates, and warned that fares for its key summer months would be "materially lower" than last year.

Business • 22 Jul 24

Euro zone air fares were flat across the bloc in the first months of this year compared with 2023

Airfares peak as consumers in Europe, Asia seek savings

Airfares in Europe and Asia are starting to plateau or fall in a sign that a prolonged post-Covid travel boom is waning, delivering a setback for airlines struggling with higher costs and limited aircraft availability.

Business • 28 May 24

Ryanair CEO Michael O'Leary predicted ticket prices will be up to 10% more expensive this summer

Summer fares to be higher due to lack of planes - O'Leary

Holidaymakers will face higher air fares this summer because of capacity constraints, the boss of Ryanair, Michael O'Leary, has warned.

Business • 26 Feb 24

Willie Walsh said airlines will pass on rising oil prices to their customers

Airlines see higher fares after energy price spike

Airlines will pass on rising oil prices to passengers through higher fares relatively quickly, but the spike in energy costs will worsen the industry's overall outlook in 2022, the head of the International Air Transport Association said today.

Business • 06 Apr 22

Air France-KLM CEO Ben Smith said that policymakers should consider introducing minimum ticket prices

Air France-KLM discussing capital raising - CEO

Air France-KLM is discussing plans to raise more capital with its main shareholders, the French and Dutch governments, CEO Ben Smith said in an interview today.

Business • 21 Sep 20

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