Ryanair Boss Warns Europe Faces Its Biggest Airfare Hike Ever

From Live and Let’s Fly. Publisher preview, not original Flight Wire reporting.

Ryanair CEO Michael O’Leary is warning that European airfares could rise as much as 20% next year, potentially producing what he calls the biggest increase in the region’s history. I would not book a ticket simply because an airline CEO says prices are going up, but the reasons behind this warning deserve attention. R…