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European air fares could rise by as much as 20% in 2027, Ryanair boss predicts

Ryanair's CEO, Michael O'Leary, warns that European airfares could jump by up to 20% in 2027 due to soaring jet fuel costs driven by ongoing conflicts. With many airlines unhedged against these rising expenses, he foresees potential bankrup...

The Guardian· Oct 20, 2026 · 3:28 PM · 10 views

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Ryanair's CEO, Michael O'Leary, warns that European airfares could jump by up to 20% in 2027 due to soaring jet fuel costs driven by ongoing conflicts. With many airlines unhedged against these rising expenses, he foresees potential bankruptcies and industry shake-ups ahead.

Full story and more reels: https://newsreel.video #news #breaking #aviation #travel #economy

Originally reported by The Guardian. Read the full story →

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