Yang Air boss Michael O’Reilly warns that airline passengers have faced years of flight turmoil and rising ticket prices.
Passengers returned after the coronavirus blockade, resulting in higher ticket prices across Europe and the United States, and some airlines reduced capacity due to staff shortages.
O’Leary said he expects Ryanair’s average fare to rise from € 40 (£ 34) to € 50 to € 60 in the medium term due to the combination of soaring oil prices and environmental charges.
He told the Financial Times: Every time I fly to Stansted, I think it’s ridiculous, but a train trip to central London is more expensive than an airfare. “
The airline manager also criticized the British government and what he branded as Brexit’s “disaster”, which had stopped airlines from easily hiring European workers.
He added: “This is arguably one of the inevitable consequences of the disaster that was Brexit. Withdrawals from the Single Market, as they can say:” We’ve achieved Brexit “is an idiot. It was the height of. But then they are stupid. “
Passengers at Heathrow Airport have been hit by flight cancellations, huge queues and lost baggage, and a new schedule with fewer flights per day has been set up to reduce future disruption.
Ryanair’s boss believes fares will rise as oil prices are expected to remain “structurally high” for the next four to five years “until Russia’s oil and gas move away.”
He expects broader inflationary pressures to continue to increase pressure on the aviation industry, including labor costs and air traffic control charges, adding that it also emphasizes rising environmental charges.
Ryanair is one of the few European airlines to avoid the serious turmoil of the last few months.
EasyJet announced last month that it had rejected 8,000 job seekers because of their nationality. The majority of them were from the EU.