European air fares could rise by as much as 20% in 2027, Ryanair boss predicts
Ryanair chief Michael O’Leary warned that European airline tickets may climb as much as 20% by 2027. He attributes the potential surge to higher jet‑fuel prices, which have risen amid the Middle‑East conflict. O’Leary added that many carriers have not protected themselves with fuel‑hedging contracts, leaving them vulnerable to further cost spikes and could pressure profit margins for airlines across the continent.