Customers of the Ryanair airline should expect more expensive airline tickets in the summer. Austrian boss Andreas Gruber announced that prices should rise by more than ten percent. Still, the airline expects more passengers.
Prices at Ryanair had recently risen slightly. In the medium term, the average price for a one-way ticket will increase from the current 40 to 50 euros per flight, Andreas Gruber, CEO of Ryanair Austria, said in an interview with the “Kurier”. rise even more. Against this backdrop, people should see the continued cheap supply.
AUA needs to be revised
There is less capacity in the market and there is less competition. The airline expects 6.2 million passengers in Austria this year. That is an increase of ten percent compared to last year. In the coming years, the AUA should be revised, Gruber said. The company has recently been able to grow despite the corona pandemic.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
