Ryanair CEO warns fares could rise by up to 20% in 2027 as fuel bill jumps by $2.2 billion
Summary
Ryanair's chief executive stated that European airfares could increase by up to twenty percent next year. The potential price surge is driven by a significant jump in fuel expenses for the airline industry.
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.
Source: Read the full story at US Top News and Analysis
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