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Evening Standard
Evening Standard
Business
Rosie Shead

Ryanair boss says he has ‘no doubt’ air fares will increase next year

Ryanair Michael OLeary Oil Yui Mok London
Ryanair has already cut its air traffic target for next year (Nick Ansell/PA) - (PA Archive)

The boss of Ryanair said he has “no doubt” air fares will rise next year for summer holidaymakers amid the surging price of oil and the Iran war.

Earlier this month, oil prices rose above 100 dollars a barrel for the first time since July after the latest round of strikes in the conflict.

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