Ryanair warns fares could surge
1m
Ryanair CEO Michael O’Leary said European airfares could rise by up to 20% in 2027, citing Middle East conflict-driven jet-fuel costs and limited hedging by airlines. The carrier also plans to cancel five Belgium-Spain routes for winter 2026-27 as part of cuts to 20 routes and 1.1 million seats, blaming higher Belgian aviation taxes and moving six aircraft to other markets.
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by Menzie Chinn
October 20, 2026 at 8:36 PM
by Paul Davies
And most of this stuff is basically cracking down on private equity. Or RyanAir. All less likely to inspire sympathy than millionaire credit derivatives bankers in 2009!
October 20, 2026 at 10:26 AM
And most of this stuff is basically cracking down on private equity. Or RyanAir. All less likely to inspire sympathy than millionaire credit derivatives bankers in 2009!