“I think this summer ticket prices will increase by 5-10%“compared to last summer, in an international context without any particular event, explained Mr. O’Leary during a press conference.
Ryanair plans “strong demand“for this summer, driven in particular by the Asian market, after the lifting of health restrictions in China, and by American customers”who benefit from a strong dollar“, he added.
A net profit of 211 million euros
The Irish carrier announced on Monday a net profit of 211 million euros in the third quarter shifted from the 2022/2023 financial year, driven by the rebound in demand, particularly for the end-of-year holiday period, against a loss of 96 million euros a year earlier.
In Portugal, the airline announced 19 new destinations (Barcelona, Rome or Toulouse) from or to Faro (south) and Porto (north) airports.
Ryanair, which will then have a total of 164 destinations from Portugal, specifies however that it will not be able to grow in Lisbon “due to the lack of take-off slots“available due, among other things, to the saturation of the airport and “increases in airport taxes”.
Portugal could host Ryanair’s new training center in the Porto region (north), said the Ryanair manager, adding that the decision will be known in the coming weeks.