Holidaymakers face higher fares this summer due to lack of planes, Michael O’Leary says

The Ryanair boss said the limited number of aircraft available to European airlines will result in higher peak prices for flights

Michael O’Leary, the Ryanair chief executive, said flight prices would be about 10 per cent higher this summer

Holidaymakers will face higher air fares this summer because of capacity constraints, the head of Ryanair has warned.

Michael O’Leary, the airline’s chief executive, said issues limiting the number of available aircraft mean European airlines will struggle to meet demand for travel during the peak season.

He predicted that Ryanair’s ticket prices will be up to 10 per cent more expensive this summer compared with the same period last year.

O’Leary said this was because ...