Finance

Ryanair CEO says rise in 2025 fares won't offset 2024 drop

Published by Global Banking & Finance Review

Posted on March 27, 2025

1 min read

· Last updated: January 24, 2026

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Ryanair CEO says rise in 2025 fares won't offset 2024 drop
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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

Ryanair CEO Predicts Fare Increase in 2025, Limited Recovery

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)

Key Takeaways

  • Ryanair expects a 4-6% fare increase in 2025.
  • 2024 saw an 8% decline in ticket prices.
  • Overall pricing remains 2% lower than two years ago.
  • Ryanair gained extra bookings during Heathrow shutdown.
  • Additional profit made from increased bookings.

Frequently Asked Questions

What is the main topic?
The main topic is Ryanair's expected fare increase in 2025 and its impact on recovering from the 2024 price drop.
How much did Ryanair's fares drop in 2024?
Ryanair's fares dropped by 8% in 2024.
Did Ryanair benefit from the Heathrow shutdown?
Yes, Ryanair gained about 10,000 extra bookings and made additional profit during the Heathrow shutdown.

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