Ryanair warns of airfare hike

NEWS FLASH


Low cost carrier Ryanair, which maintains a year-round base in Zagreb, as well as seasonal bases in Zadar and Dubrovnik, has said holidaymakers will face higher fares this summer due to new Boeing planes being delivered late. The company’s CEO, Michael O'Leary, noted the delayed delivery of the aircraft will constrain capacity for passengers, with ticket prices likely to rise up to 10% this summer as a result. Ryanair was expecting the delivery of 57 Boeing 737 MAX 8 by March, but the company thinks only between 40 and 45 will actually arrive in time for the 2024 summer season. Mr O'Leary said there would be a "higher fare environment across Europe" this summer.

Comments

Anonymous said…
I haven't noticed that they have cancelled any flights as a result of delayed aircraft deliveries. On the contrary they are expanding like crazy. So I don't understand how they can justify the fare increase?
17:25
Prepelica said…
'cause why not?
17:44
Anonymous said…
Because apparently people are still willing to pay stupid amounts of money simply because it's summer. Maybe next year things will cool off, unless the economy takes another battering.
18:07
Anonymous said…
*unless the economy improves I should say!
18:08
Anonymous said…
Because they can and people don't care or won't notice
20:28
Anonymous said…
LOL. They try to scare passengers in order to buy far in advance for the summer for an ultra high price. Don't believe them!
20:46
Anonymous said…
well why not. it looks like Ryanair management will always make sure the company is profitable and growing. cant say the same for many others.
21:17
Miroslav NY said…
Horrible news. I will be paying 5 euros more for my RT ticket from Nis to Malta.
22:36
Anonymous said…
They are expanding because they're still receiving 45 extra planes this summer. That's a crazy increase in capacity, even if it is less than they planned for.

They are only cancelling flights on routes that have more than daily frequencies. Routes which are less than daily do not get cut.
23:41
Anonymous said…
That is Ryanair's business model. Destroy the competition and increase fares.
09:41
Anonymous said…
It's literally the opposite. In all markets where they are dominant they always add extra capacity to bring down fares. They are all about passenger volume and overall profit, not profit margins per passenger.
12:54
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