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Ryanair CEO Warns Airfares Could Rise on High Oil Prices

MT Newswires·09/10/2026 05:53:53
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05:53 AM EDT, 09/10/2026 (MT Newswires) -- Ryanair (RYA.IR) Chief Executive Michael O'Leary said airfares could rise sharply if oil prices continue to remain high in 2027, Reuters reported Thursday. O'Leary expects airfares to be slightly lower in the third quarter of 2026, but said the outlook for the following two quarters was uncertain, the news report states.