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flag Ryanair CEO O'Leary announces lower-than-expected summer ticket fares.

flag Ryanair CEO Michael O'Leary announced that summer ticket fares will be lower than expected, defying predictions of rising costs due to capacity constraints and slower aircraft deliveries. flag Despite the Airbus fleet being grounded for maintenance, O'Leary stated that prices could be flat or increase up to 5% compared to last year. flag Ryanair's share price fell 6.4% following this announcement, while shares of EasyJet and Lufthansa also declined.

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