Ultra cheap Ryanair flights may be a thing of the past, says O’Leary

The age of the €1 and €10 flight is over.

If you’ve been keeping your fingers crossed for a €1 flight from Ryanair soon, you may be waiting a long time.

CEO Michael O’Leary confirmed that the fares would be taking a break during an interview with BBC Radio 4 on Wednesday (10 August).

“There’s no doubt that at the lower end of the marketplace, our really cheap promotional fares – the €1 fares, the 99 cents fares, even the €9.99 fares – I think you will not see those fares for the next number of years,” O’Leary said.

O’Leary said that despite the rising costs of fares, that passengers would continue to aim for low-fare airlines for travel.

“We think people will continue to fly frequently,” he added.

“But I think people are going to become much more price sensitive and therefore my view of life is that people will trade down in their many millions.”

O’Leary cited the war in Ukraine pushing up the prices of fuel worldwide as a major cause for the increase in fares across Ryanair flights.

The average fare for Ryanair flights is set to rise by €10, from €40 to €50.

Ryanair has also said it expects no disruptions to its flights in August or September as a result of strikes by two cabin crew unions in Spain.