
Ryanair may impose an airfare hike during the upcoming holiday season, its CEO Michael O'Leary said in a press briefing on Friday.
O'Leary claimed that airfares could be increased by 10 per cent because of delays in aircraft deliveries by Boeing. "We're doing our budgets based on a fare increase of between five to 10 per cent," he said during the briefing. Last year, the airline's fare prices saw a 17 per cent increase.