Ryanair Fares to Rise as Passenger Numbers Forecast to Surge
Ryanair expects fares to rise 8–9% and passenger numbers to grow nearly 4% to 208 million despite a €256 million fine from Italy's competition authority.
6 Articles
6 Articles
Ryanair flights: Popular budget airline to hike plane fares this summer - and warns of flight delays
Ryanair is to raise its fares following a fall in quarterly profits after being fined by Italy's competition watchdog for abusing its market position.
Ryanair Anticipates Fare Hikes Amid Passenger Growth
Ryanair anticipates increasing fares more than initially projected due to robust demand, estimating a 9% rise compared to November’s 7% forecast. * Passenger numbers are expected to reach 208 million this year. * Quarterly profits plummeted 83% to €24.4m after a €256m fine from Italy’s competition watchdog. * The fine was due to Ryanair blocking travel agencies from accessing its services, a claim Ryanair disputes. * Total revenue rose 9% to €3.…
Ryanair estimates that the prices of its tickets will rise between 8% and 9% during its current fiscal year, which will end on 31 March, one or two points more than the price...
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