Ryanair boss O'Leary says the era of €10 flights is over

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The boss of the budget airline admitted that they wouldn't be offering flights at rock bottom prices anymore.

The era of the 10 ticket is over, according to the CEO.

Over the next five years, the airline's average fare would rise from around 40 to around 50, he said.

He thinks people will keep flying despite the rising cost of living.

The rising cost of fuel is eating into people's disposable incomes. The airline boss expects customers to look for cheaper options rather than cutting back on flights.

People will keep flying frequently. I believe that people will trade down in their millions as they become price sensitive.

As airfares have become cheaper in recent decades, the number of flights taken has risen, with more people taking short breaks abroad. Low-cost no- frills services have been offered by airlines.

There are campaigns to persuade people to switch to rail and road travel as the sector faces pressure to reduce its impact on the climate.

The focus on reducing emissions from air travel was misguided, as road transport and shipping were larger contributors of CO2 overall.

He said that more reductions in fossil fuel use would come from the switch from petrol and diesel to electric cars.

Travelers are eager to get back on flights after the Covid Pandemic.

In the UK and around the world, staff shortages at airlines and airports have led to delays and canceled flights. Travelers have been forced to wait for hours or change their travel plans at the last moment.

"Ryanair was part lucky and part brave in its decision to start recruiting and training cabin crew and pilots last November when the Omicron variant was still affecting international travel," Mr. O'Leary said.

In the first six months of the year, British Airways and Easyjet had the same number of flights canceled.

Mr O'Leary said that he had little sympathy for the airports because they knew schedules months in advance and that security staff needed less training than pilots.

He said that the number of passengers at the airport had been capped.

The cap was needed to provide a reliable and safe service, according to Heathrow. According to the Airports Operators Association, airports have been hiring staff since late last year and most passengers are now travelling with no disruptions.

Mr O'Leary said he was hopeful that the problems at UK airports would be fixed by next summer, but that it would be difficult to find staff due to the uncertainty of the future.

There are hundreds of routes in and out of the UK that are operated by the airline.

He said that Britain's departure from the EU had proved to be a disaster for the free movement of labour and called on the government to be honest.

The UK's labour market was "fundamentally broken" and it was time for the UK to consider reversing some of the stupidity of leaving the EU, according to Mr O'Leary. The next UK prime minister should sign a free trade deal with the EU, according to him.