O’Leary, CEO of the airline, said they would increase ticket prices.
An assessment of air travel came from the Irish-based airline company Ryanair.
Ryanair CEO Michael O’Leary said they will not offer flights at lower prices due to the rising cost of fuel.
“The 10 euro ticket period is over”
O’Leary said in a statement. “The 10 euro ticket period is over.” used the phrase.
Speaking to the BBC, O’Leary stated that ticket prices, which started from around 40 euros last year, will increase to around 50 euros in the next five years.
“People will keep flying often”
O’Leary believes that despite the rising cost of living, people will continue to fly frequently. “But I think people will become much more price sensitive.” said.
Low-priced ticket competition
Airline tickets were sold at cheap prices, while the number of flights increased. Airlines such as Ryanair, Easyjet, Vueling, and Wizz Air were competing to provide low-cost seamless services.
Commercial flights, on the other hand, account for around 2.4 percent of global carbon dioxide emissions.
“Emissions from land and sea routes are higher”
Ryanair’s CEO, on the other hand, considers it “wrong” to focus on reducing emissions from air travel, arguing that road and sea transport contribute more to emissions.
