LONDON — The boss of Irish low-cost airline Ryanair, Michael O’Leary, sees no opportunity to offer extremely cheap fares between one and ten euros in the coming years. O’Leary told British radio station BBC 4 on Thursday. According to the leader, Brexit turned out to be a “disaster”.
The average ticket price on Ryanair would rise from €40 last year to €50 over the next five years, the Irishman said. The reason for this is the rise in the price of oil.
However, O’Leary doesn’t believe people are giving up flying because of rising energy costs. He bets that even more customers than before will be looking for cheap flights. “I think people are going to become a lot more price sensitive and so I think millions of people will be looking for cheaper fares,” the Ryanair boss said.
Regarding recent difficulties at UK airports in coping with passenger numbers, O’Leary raised allegations against their management. Airports would have had months to prepare. It is the responsibility of airports to ensure sufficient security personnel.
He attributes the fact that Ryanair recently had to cancel relatively few flights to the decision to hire and train new cabin crew and pilots in the fall despite the omicron wave of the corona pandemic.
“The stupidity of Brexit”
A major issue in the UK continues to be Brexit, O’Leary said. Leaving the EU turned out to be a “disaster” for the free movement of workers. It’s time to think about undoing some of the “Brexit stupidity” and bringing Britain closer to the EU again through a new free trade agreement, according to the boss of Ryanair.
© dpa-AFX | Fig. : Ryanair | 08/11/2022 16:57