Ryanair boss warns of 'dramatically higher' airfares next summer

Ryanair boss Michael O’Leary has warned prices will hike as passengers rush to holiday in Europe next summer. Picture: PA

Ryanair boss Michael O’Leary has warned that prices will increase as passengers rush to holiday in Europe next summer.

Mr O’Leary said this huge demand for holidays would coincide with fewer flights, meaning a price rise for flights and also for hotels.