Ryanair average fares may not grow this year, CEO warns
- Country:
- Norway
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.
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