LISBON, PORTUGAL - MAY 25: Ryanair Group CEO Michael O'Leary makes a face during a press conference in Radisson Blu Hotel to announce an increase of summer flights and to demand more slots for the airline in Lisbon International Airport, the opening as soon as possible of a second airport in Montijo, across the Tagus River, and the end of airport tax on May 25, 2022 in Lisbon, Portugal. Ryanair airplanes may not be flying in the coming weeks due to a European strike of crew members that is expected to affect Portugal, Spain, France and Belgium. The Irish carrier's workers are demanding better working conditions and wages and are asking for a company response by June. Failed negotiations may mean a summer with hundreds of canceled flights throughout the continent. (Photo by Horacio Villalobos#Corbis/Corbis via Getty Images)
Ryanair boss Michael O’Leary has suggested average air fares are likely to be 5%-10% lower for the last three months of this year, compared to the same period in 2023.
Mr O’Leary was speaking ahead of the airline group’s annual general meeting for shareholders in Dublin.
Mr O’Leary said Ryanair could still see lower than planned new plane deliveries this year, but that planemaker Boeing should be back on production target by next spring.
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