Ryanair CEO warns fares could rise by up to 20% in 2027 as fuel bill jumps by $2.2 billion

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Ryanair CEO warns fares could rise by up to 20% in 2027 as fuel bill jumps by $2.2 billion

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Ryanair CEO Michael O’Leary warned that European airfares could rise by as much as 20% in 2027 as the airline’s fuel bill increases by $2.2 billion. Higher fuel costs could push up ticket prices across the region’s airline market.

Ryanair's CEO Michael O'Leary told CNBC that European airlines may have "significantly higher airfares" of up to 20% next year as fuel costs rise.

World Markets Travel Energy Ryanair airfares fuel costs European airlines Michael O’Leary 2027

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