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Air: the boss of Ryanair announces the end of tickets at 10 euros

2022-08-11T09:45:08.823Z


Faced with the increase in the price of kerosene, Michael O'Leary warned that prices would increase. “ There is no doubt that our lowest prices, those at 0.99 euros or 9.99 euros, you will no longer see them in the next few years ”. Asked by BBC4 radio, Ryanair's chief executive, Michael O'Leary, whistled the end of the era of very cheap tickets. More generally, the low-cost company should see the average ticket go from 40 to 50 euros, he added. An increase that he justifies by soaring fuel price


There is no doubt that our lowest prices, those at 0.99 euros or 9.99 euros, you will no longer see them in the next few years

”.

Asked by BBC4 radio, Ryanair's chief executive, Michael O'Leary, whistled the end of the era of very cheap tickets.

More generally, the low-cost company should see the average ticket go from 40 to 50 euros, he added.

An increase that he justifies by soaring fuel prices.

Far from being perceived as a threat, this increase in charges would be, according to him, an opportunity: “

We think that people will continue to steal frequently.

But I think they're going to become much more price-sensitive

,” and so they'll choose the cheapest airlines more, he says.

A complicated summer

For the moment, however, Ryanair is going through an area of ​​turbulence.

The showdown with its employees continues in Spain where a strike was launched on June 24.

It was extended for the first time on July 28, before recently being extended until January 2023. But these tensions are present in many countries.

The pilots walked off in Belgium and France and obtained upgrades.

Read alsoAir transport: weakened by their stinginess, low-cost companies suffer more than other companies

More generally, the entire aviation sector is going off the rails.

This summer, they had a hard time digesting the resumption of their activity.

The mass return of vacation-hungry travellers, after two years punctuated by the waves of Covid, has given rise to images of chaos in Paris, London, Amsterdam, Frankfurt, Sydney and even Chicago: hours of waiting before checks , thousands of bags piled up in airport halls, tens of thousands of flights canceled since June…

SEE ALSO -

Covid-19: Ryanair will recover faster than "historic airlines", says its CEO

Source: lefigaro

All business articles on 2022-08-11

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