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Ryanair boss expects flight prices to rise above pre-pandemic levels

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The boss of Europe’s largest airline says flights are going to become more expensive in the coming months than before the pandemic began. “I think prices will be at or higher than they were pre-Covid,” Michael O’Leary, CEO of the Irish airline Ryanair, said at a conference of European airlines in Brussels. Germany’s Lufthansa, Europe’s second-largest airline, also anticipates price rises, and Lufthansa CEO Carsten Spohr said both rising energy prices and inflation are currently having an impact on airlines. Meanwhile travel industry analysts in Europe have forecasted rapidly increasing holiday…

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