Ryanair says fares might rise 2-4% in coming 12 months

January 21, 2026 6:13 AM EST

Passengers exit a Ryanair Boeing 737-8AS aircraft, registration SP-RSP, at Warsaw-Modlin Airport in Modlin, Poland, December 1, 2025. REUTERS/Kacper Pempel

DUBLIN, Jan ⁠21 (Reuters) - Ryanair ⁠Chief ‍Executive Michael O'Leary said on Wednesday average fares ‍may rise by between 2% ​and 4% over the coming year, ​with passenger numbers also set to rise.

"Based on everything we see this year, ​we ...expect to grow our traffic from 207 million (passengers) this last ​year to about 215 million in the ‌next 12 months," he said, in an apparent reference to ​the next financial ⁠year which begins on April 1.

"And we think ‌there might be a modest 2, 3, 4% increase in air ‌fares. But we haven't a clue ‌yet," O'Leary added.

O'Leary said he was not confident that Boeing would pay any ‍future tariffs if an EU-U.S. trade war kicks ⁠off, adding that he could not comment on the content of any contracts.

(Writing by Conor Humphries;Editing by Bernadette Baum)



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