Ryanair boss warns of holiday prices hikes and airport delays

Ryanair reported narrowed annual underlying losses of €355m and said it hopes to return to “reasonable profitability” in the current financial year

A Ryanair flight departs Dublin Airport. File picture: PA

Ryanair boss Michael O’Leary has warned flight prices will be higher this summer due to soaring demand for European holidays and said getting through airports would be “challenging” for passengers.

Holidaymakers should brace for prices to rise by a “high single-digit per cent” over the peak season as demand for breaks on European beach resorts rebounds thanks to the lifting of pandemic travel restrictions, he told BBC Radio 4’s Today Programme.