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Ryanair: Summer fares to be between 7%-9% higher than pre-pandemic levels

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Ryanair GroupĀ RYA.I Chief Executive Michael O’Leary on Tuesday 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.

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”.

“Fares will be up probably high single digits 7,8, 9 percent over summer 2019,” he also said.

At the same time, French cabin crew at RyanairĀ RYA.I went on strike on Sunday and Monday demanding better pay and working conditions.

And a union representative told Reuters on Tuesday 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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