Ryanair will raise ticket prices by 5 to 6 percent for the summer 2025 travel season. This comes after a 7 percent drop in fares last year, which led to a 16 percent fall in the airline’s annual profit, down to €1.6 billion. Ticket prices had already increased by 15 percent over the Easter period, signaling more expensive travel ahead.
The airline experienced booking problems due to disputes with online travel agents, which contributed to the drop in demand. Despite this, Ryanair carried more than 200 million passengers, setting a new record for passenger numbers. The company said it earned around €8 for each passenger, although rising costs matched the growth in traffic.
Ryanair announced plans to pay €400 million in dividends this year and will start a €750 million share buyback program next week. The airline’s cash reserves grew because of delayed aircraft deliveries. Ryanair is waiting for 29 new Boeing 737 Max 8 planes to arrive before summer, but there is concern that delays could push deliveries into autumn and bring tariff risks between the UK and the EU.
To avoid tariffs, Ryanair may register some of its new jets in the UK instead of Ireland. Recent political changes may help reduce trade tensions, as the airline welcomed moves that could lower friction at UK-Europe borders. These changes are expected to benefit both the airline and passengers by making travel smoother and less costly.
Travelers should prepare for slightly higher airfares in 2025 as Ryanair adjusts prices amid rising costs and regulatory challenges. Despite price increases, demand for flights remains strong, showing that more people are planning trips for the coming summer.
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Richard Parks is a dedicated news reporter at New York Mirror, known for his in-depth analysis and clear reporting on general news. With years of experience, Richard covers a broad spectrum of topics, ensuring readers stay updated on the latest developments.
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