Aviation
Analysis: Irish air fares set to rise in 2024 as passenger cap already starts to limit capacity
The passenger cap at Dublin airport is now starting to have a material impact on flight capacity, and looks set to drive up air fares this winter
On Tuesday afternoon this week, Michael O’Leary managed to send his own company’s share price into a nose dive when he admitted European air fares will not rise by as much this summer as previously forecast.
Speaking to reporters in Brussels, the Ryanair boss said he has been surprised at the lack of inflation in European airfares.
“Looking at summer ... We thought pricing would be up 5-10 per cent. We're heading to flat (pricing ...
