Reported 1 day ago
Ryanair has reported strong consumer demand across Europe, anticipating a rebound in airfare that could recover much of last year's decline due to high interest rates impacting profits. CEO Michael O'Leary noted a forecasted fare increase of around 7%, surpassing previous estimates, with summer bookings slightly ahead of last year. The airline, Europe's largest by passenger numbers, expects to fly 206 million passengers in the coming year, while managing modest cost inflation amid ongoing delivery issues with Boeing.
Source: YAHOO