Ryanair’s fares are increasing! The cost of summer holidays has increased!

Ryanair will be increasing the price of your summer holidays. The Guardian reported that the budget airline is increasing ticket prices after a year in which it slashed its fares and dragged down profits. The increase will be 5-6 percent for 2025’s peak season. report. 

Easter saw an increase of 15 percent, and Europe’s leading airline is expected to carry over 200 million passengers by 2024-25. This will put a strain on many wallets. 

After a dispute with online travel agents such as Booking.com and Kayak that resulted in the removal of Ryanair flights from these sites, profits fell 16 per cent, to 1.6billion euros.

Ryanair’s CEO Michael O’Leary – who is known for his brash deals – calls the results “remarkably robust,” noting that 8 euros per passenger were earned while costs were kept in check.

The airline isn’t just relying on higher fares. Thanks to Boeing’s delays, the airline will be paying out 400 millions euros in dividends next week and starting a 750-million euro share buyback. 

Avoiding US tariffs

Ryanair’s waiting on 29 more 737 Max eight planes for next summer, but with Boeing’s production woes—capped at 38 jets a month after a door plug fiasco—those could slip to autumn. O’Leary’s not worried, claiming that Boeing’s situation on the ground “has significantly improved.” He is also avoiding potential US tariffs, by diverting deliveries to UK where trade agreements may sidestep additional costs. Boeing has the problem of tariffs and not us,” he quips. He leans on fixed-price agreements.

O’Leary’s optimistic outlook isn’t limited to planes. Profits are expected to rise due to lower jet fuel prices, and the widening gap between easyJet and Wizz air in terms of cost. 

Holidaymakers get a gut punch

Fuel for Ryanair is 85% hedged, at $80 a barrel until 2025. This will save millions. Meanwhile, the airline flexes its muscles—200 million passengers, 609 aircraft, and a BBB+ credit rating. 

O’Leary is also a fan of Keir’s Starmer’s drive to make travel between the UK and Europe easier, such as fixing passport electronic gates and proposing a youth mobile scheme. “Anything which reduces the confusion at borders is welcomed by us,” he said.

But let’s be real—higher fares sting. This rebound is a blow to holidaymakers after a year in which frugal travellers forced Ryanair’s prices down. 

Ryanair has announced 164 new routes, and an increase in traffic of 3% to 206 millions passengers by 2026. corporate report, Low-cost airlines bet on the demand remaining high. You can expect to pay more for flights to Malaga and Krakow.