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Ryanair CEO says summer fares will be up 7-9% on 2019 levels

Ryanair Group chief executive Michael O'Leary said bookings for Europe's biggest budget airline have continued to strengthen and he expects summer fares to be between 7% and 9% higher than pre-pandemic levels.

Michael O'Leary told Reuters that "we've seen very strong bookings through May. We had 92% load factor in May".

"We think that would rise to about 94% in June. And July, August, and September look very strong with higher load factors and also higher fares," he said.

"Fares will be up probably high single digits 7,8, 9% over summer 2019," he added.

Meanwhile, French cabin crew at Ryanair went on strike on Sunday and Monday demanding better pay and working conditions, a union representative told Reuters today, adding that more than 40 flights had to be cancelled.

"As things stand, further walkouts are possible if the company does not meet our demands for a worthy salary and working conditions", said Damien Mourgues from the SNPNC-FO union.

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Michael Oleary

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