Ryanair average fares may not grow this year, CEO warns

Ryanair's ​average fares could ​be flat ‌in the ​financial year to end March 2027 rather ‌than growing the 4-5% previously forecast, group CEO Michael O'Leary told Reuters, ‌adding that the outcome depended on ‌the Middle East conflict.

"If I was guessing today, and I'm completely guessing, I would ⁠have ​said ⁠our original planning prediction for fares up ⁠4, 5%, I think we'd be ​moving towards kind of fares flat ⁠on last year at this stage," O'Leary ⁠told ​Reuters in an interview in Oslo on Tuesday.

"We would still ⁠be very profitable if fares were flat ⁠this year," ⁠he added.