Finance
Ryanair says fares might rise 2-4% in coming 12 months
Published by Global Banking and Finance Review
Posted on January 21, 2026
1 min readLast updated: January 21, 2026
Quick Summary
Ryanair anticipates a 2-4% fare increase and growth in passenger numbers to 215 million, with concerns over EU-U.S. trade tariffs.
Ryanair says fares might rise 2-4% in coming 12 months
Ryanair's Fare Projections and Passenger Growth
DUBLIN, Jan 21 (Reuters) - Ryanair Chief Executive Michael O'Leary said on Wednesday average fares may rise by between 2% and 4% over the coming year, with passenger numbers also set to rise.
Expected Passenger Growth
"Based on everything we see this year, we ...expect to grow our traffic from 207 million (passengers) this last year to about 215 million in the next 12 months," he said, in an apparent reference to the next financial year which begins on April 1.
Potential Impact of Trade Tariffs
"And we think there might be a modest 2, 3, 4% increase in air fares. But we haven't a clue yet," O'Leary added.
O'Leary said he was not confident that Boeing would pay any future tariffs if an EU-U.S. trade war kicks off, adding that he could not comment on the content of any contracts.
(Writing by Conor Humphries;Editing by Bernadette Baum)
Key Takeaways
- •Ryanair expects a 2-4% increase in fares.
- •Passenger numbers projected to grow to 215 million.
- •Potential impact from EU-U.S. trade tariffs discussed.
- •CEO Michael O'Leary comments on Boeing contracts.
- •Financial year begins on April 1.
Frequently Asked Questions about Ryanair says fares might rise 2-4% in coming 12 months
1What is airfare?
Airfare is the price charged for a seat on an aircraft. It can vary based on factors such as demand, seasonality, and airline pricing strategies.
2What is passenger growth?
Passenger growth refers to the increase in the number of travelers using a particular airline or transport service over a specific period.
