DUBLIN -Ryanair expects common air fares throughout this 12 months’s summer time peak season to be 5-10% greater than pre-pandemic costs in the identical interval of 2019, Group Chief Government Michael O’Leary was quoted as saying on Tuesday.
Decrease capability and elevated passenger demand are already driving fares greater for these reserving flights from June onwards, O’Leary informed the Irish Impartial newspaper, citing “very robust” ahead bookings .
“What we’re seeing in the meanwhile is costs are barely decrease than they had been in 2019, pre-COVID, by March, April and Might. They’re someplace between 5% and 10% greater in the meanwhile by June, July, August and September,” O’Leary stated.
“I believe fares shall be up this 12 months within the peak summer time months by between 5% and 10%.”
The Irish low-cost airline, Europe’s largest by passenger numbers, on Monday reported that its passenger numbers topped pre-pandemic ranges for the primary time final month.
O’Leary, who informed the newspaper he had no intention of retiring after practically 30 years in cost, stated it could be too optimistic to say that COVID-19 is over for the airline business however he doesn't anticipate any “COVID scares” this summer time.
“Journey is recovering strongly. I believe individuals are fed up. We've got been locked up at residence for the final two years on Zoom calls. They need to go journey once more. Households need to go on holidays once more,” he stated.
“We see that very strongly this Easter and likewise this summer time. The ahead bookings are very robust, however I believe there'll nonetheless be some disruptions.”
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