Ryanair CEO says rise in 2025 fares won't offset 2024 drop
Published by Global Banking & Finance Review®
Posted on March 27, 2025
1 min readLast updated: January 24, 2026
Published by Global Banking & Finance Review®
Posted on March 27, 2025
1 min readLast updated: January 24, 2026
Ryanair CEO forecasts a 4-6% fare rise in 2025, not fully recovering from an 8% drop in 2024. Extra bookings during Heathrow shutdown boosted profits.
BRUSSELS (Reuters) - Ryanair expects ticket prices to rise by 4-6% this year, only partially recovering from the 8% decline last year, group CEO Michael O'Leary told Reuters on Thursday.
"We're operating on the basis this year that pricing will rise by between four and six (percent) and having fallen by 8% last year. So overall, pricing will be about 2% less than it was two years ago," he said.
O'Leary also said Ryanair took about 10,000 extra bookings on flights in and out of London from points all over Europe during the temporary shutdown at London's Heathrow airport last Friday.
"We made a couple of hundred thousand euros of additional profit," he said.
(Reporting by Joanna Plucinska. Editing by Mark Potter)
The main topic is Ryanair's expected fare increase in 2025 and its impact on recovering from the 2024 price drop.
Ryanair's fares dropped by 8% in 2024.
Yes, Ryanair gained about 10,000 extra bookings and made additional profit during the Heathrow shutdown.
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