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Evening Standard

Business

Michael Hunter

Ryanair flies back into profit and warns of higher prices ahead

Ryanair Michael OLeary

Soaring demand for flights after the end of pandemic travel restrictions sent Ryanair back into profit today, as the champion of low fares warned of rising prices into a busy summer getaway season.

The Irish carrier pointed out that capacity on European short-haul services was recovering more slowly than demand, meaning that travellers would be paying more for their getaways.

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