More expensive fuel, higher prices: Ryanair boss sees the end of ten-euro flights

More expensive fuel, higher prices
Ryanair boss sees the end of the ten-euro flights

The high fuel costs result in a price increase at Ryanair. The Ryanair boss announces that the particularly cheap tickets will soon no longer be available. Nevertheless, he assumes that customer demand for cheap flights will remain.

The boss of the Irish airline Ryanair ends the era of extremely cheap flights. O’Leary shared the BBC announced that his airline would no longer offer flights at low prices. He cited rising fuel costs as the reason. The average ticket price will rise from around 40 euros to 50 euros in the next five years, said the boss of the low-cost airline.

“We believe that people will continue to fly frequently. But I also believe that people are becoming much more price-sensitive and therefore I expect that they will reduce their many millions of air trips,” O’Leary said. However, O’Leary does not believe that people are giving up flying because of the increased energy costs.

Although the demand for air travel has increased, the lack of staff at the airports has led to delays and cancellations. According to O’Leary, Ryanair handled the situation better than other airlines. The company was “partly lucky, partly courageous” when it began hiring and training cabin crew and pilots last November.

O’Leary has little sympathy for the airports, they know the flight plans in advance and the security personnel need less training than the pilots. He described the passenger limit at London Heathrow Airport as “mismanagement”.

High energy prices also put a strain on households

Ryanair and other low-cost airlines like Easyjet had undercut each other for cheap air travel for the past 20 years. The weekend trip to nearby city destinations became socially acceptable. The airlines were able to juggle a number of additional costs, for example for baggage and boarding times.

The currently high energy prices are not only a burden for the airlines, but also for households. The high inflation is increasingly leading to labor disputes and high wage demands, which also affect air traffic and airports in particular.

Added to this is the shortage of skilled workers, which also dominates the European aviation industry. In an interview with the BBC, O’Leary also blamed Brexit. This was a “disaster” for the free movement of workers.

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