The cost of traveling on Ryanair will increase for the next five years. Who says it is the executive director of the airline, Michael O’Leary, in an interview with the Financial Times.
In the interview, the CEO of Ryanair, presented as “the pioneer of travel low cost in Europe”, explains the expected increase: flying at the prices practiced until now is “too cheap” for the company to be able to make a profit, especially since the costs of operating in this industry have been increasing.
It got too cheap for what it is. It always seems absurd to me every time I fly to [o aeroporto de] Stansted that train travel to central London will be more expensive than the price of flights,” O’Leary said.
Ryanair points out that queues at Lisbon airport occur in other countries of the European Union
The prices of Ryanair flight tickets have already begun to rise this summer, but the increases will not end there: “I do not think that air travel is sustainable in the medium term at an average cost [por bilhete] of 40 euros. That’s too cheap. But I think it will still be very cheap and affordable if it costs between 50 and 60 euros on average”. This means, therefore, an average increase in the price of the ticket of between ten and 20 euros.
The increase in fuel prices and compensatory fees for the environmental impact of air travel are pointed out by Ryanair’s CEO as two factors that justify a price increase at Ryanair in the coming years.
Michael O’Leary. 3 billion for TAP is money “in the trash”
Source: Observadora
