The airline Ryanair has announced the end of plane tickets sold at 10 euros.
In an interview given to BBC News on Thursday, Michael O'Leary, the company's CEO, was pessimistic about the future of price cuts in the field of aviation.
"Our really cheap promotional fares - the one euro fares, the 0.99 euro fares, even the 9.99 euro fares - I think you won't see those fares for the next few years," he said. -he declares.
Before explaining: "I think there will be no more ten euro notes, because oil prices are much higher since the invasion of Ukraine by Russia".
The Covid-19 pandemic and Brexit in question
According to the head of Ryanair, it will however be possible to travel for the reasonable sum of 50 euros in the coming years.
The average price would therefore increase by 10 euros compared to the current price.
"We think people will continue to fly frequently," says Michael O'Leary.
But I think they're going to become a lot more price sensitive."
The airline Ryanair, which has established itself on the market thanks to its unbeatable prices, has suffered as much as its competitors from the Covid-19 pandemic.
But, after a loss of turnover of 273 million euros in 2021, it posted a positive result of 170 million euros in the first quarter of 2022. During the interview with BBC News, Michael O'Leary has also castigated Brexit, "a disaster for the free movement of workers", which would be "one of the main difficulties facing the British economy".
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