Ryanair Warns of Record Airfare Rise in 2027

Michael O'Liari, general director of Irish budget airline Ryanair Holdings Plc, forecasts a record growth in airfare prices in Europe in 2027.

Consensus

Ryanair's CEO, Michael O'Leary, warned of a record increase in airfare prices in Europe in 2027.
The rise in airfare prices is attributed to the ongoing war in the Middle East driving up fuel costs.
Airfares may increase by 20% in the next 12 months.
Even with price increases, airline profitability will decline due to rising fuel expenses.
Ryanair has reduced its operations in Germany, closing its Berlin base and cutting flights by half.
The airline has lowered its annual passenger traffic forecast for the current financial year.
Ryanair has reduced the number of passenger seats offered during the winter season.
The company's capitalization has dropped by 24.6% since early 2026.
Many European airlines, including Ryanair, lack sufficient fuel hedging instruments.
High taxes and regulatory challenges in countries like France and Belgium are affecting airline operations.

Ryanair is a budget carrier registered in Ireland with a wide route network across Europe. — meduza
O'Leary criticized aviation market regulation in France and Belgium, stating Ryanair plans to reduce its presence in those countries. — interfax