BRUSSELS (Reuters) – Ryanair expects ticket prices to rise by 4-6% this year, only partially recovering from the 8% decline last year, group CEO Michael O’Leary told Reuters on Thursday.
“We’re operating on the basis this year that pricing will rise by between four and six (percent) and having fallen by 8% last year. So overall, pricing will be about 2% less than it was two years ago,” he said.
O’Leary also said Ryanair took about 10,000 extra bookings on flights in and out of London from points all over Europe during the temporary shutdown at London’s Heathrow airport last Friday.
“We made a couple of hundred thousand euros of additional profit,” he said.
(Reporting by Joanna Plucinska. Editing by Mark Potter)
