Ryanair CEO warns of potential summer flight cuts and 10% ticket price increase due to Boeing delays.
Ryanair CEO Michael O'Leary warns that summer flight cuts may occur due to further Boeing delays, potentially leading to a 10% increase in ticket prices compared to the previous summer. This is because the number of available aircraft is limiting European airlines' ability to meet travel demand during the peak season. Ryanair's growth in passenger numbers will be lower than anticipated due to delayed Boeing aircraft deliveries.
February 26, 2024
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