Ryanair Expects 5% Drop in Winter Airfares
Ryanair Expects 5% Drop in Winter Airfares
Ryanair Expects 5% Drop in Winter Airfares
News summary

In the first half of 2024, economy international fares from Australia dropped by 13%, with July fares 5% lower than the previous year, boosting international ticket sales by 10%. Flight Centre's managing director Graham Turner views this fare drop positively, believing it will enhance travel affordability and growth into FY25. Meanwhile, Ryanair anticipates a continued slump in airfares, expecting a 5% decline throughout winter 2024-25, correlating with lower consumer spending and rising interest rates. CEO Michael O'Leary highlighted a rise in disruptive passenger behavior, attributed to increased alcohol and drug use, particularly on flights from popular destinations. Ryanair also faces operational challenges, including issues with the Boeing supply chain and calls for changes to UK Air Passenger Duty to stimulate growth. As airlines navigate fluctuating fares and passenger behavior, the travel landscape remains dynamic with a focus on affordability and safety.

Story Coverage
Ryanair Sees Low Fares, Sales as Needed to Lure Winter Travelers
Ryanair says air fares will keep falling through winter
Ryanair says air fares will keep falling through winter
Bias Distribution
100% Left
Information Sources
71639883-fbbd-48af-8cc3-393f63e7b2ef166bc319-c612-4063-955b-1bdc4fec97ffbfb2a97b-336e-48d9-b69a-147df7862dc2
Left 100%
Coverage Details
Total News Sources
3
Left
3
Center
0
Right
0
Unrated
0
Last Updated
22 days ago
Bias Distribution
100% Left
Related News
AI Assistant
Story Coverage
Ryanair Sees Low Fares, Sales as Needed to Lure Winter Travelers
Ryanair says air fares will keep falling through winter
Ryanair says air fares will keep falling through winter

Related Topics

Subscribe

Stay in the Know, Subscribe to Our News

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Related News
Recommended News