Ryanair CEO warns EU airfares to surge on fuel costs as hedges expire
Published 2 d ago3 sourcesEvidence: Reported
Ryanair CEO Michael O'Leary forecasts up to 20% increase in European airfares by 2027, driven by rising aviation fuel costs and reduced seat capacity. This signals potential inflationary pressure in the travel sector and could impact consumer spending and airline profitability.
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