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Michael O'Leary Warns Airline Fares Are 'only Going One Way'

Summary by Extra.ie
Michael O’Leary has said that airline fares are ‘only going one way’ in a grim forecast for how much we might pay to travel. Prices of oil are continuing to surge as a result of the ongoing USA-Iran war, which has seen prices of diesel soar past the €2 per litre mark — reaching €2.10 […]

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The management of the Irish low-cost airline Ryanair predicts a significant increase in air ticket prices during the summer season of 2027. The main reason is the jump in oil prices caused by the war in the Middle East, which is why the company has already been forced to reduce the planned goals for the number of flights. Ryanair CEO Michael O'Leary told reporters in London that air ticket prices, […] The post Ryanair announces a significant inc…

The management of the Irish low-cost airline Ryanair expects a significant increase in airfare prices for the upcoming summer season due to higher oil prices, which are a result of the war in the Middle East.

Ryanair CEO Michael O’Leary announced that rising oil and jet fuel prices will be reflected in airfare next year.

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Stv broke the news in Scotland, United Kingdom on Thursday, September 24, 2026.
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