Ryanair CEO Says 10 Euro Fares Will Disappear Due to Rising Fuel Prices

Michael O'Leary 

Photographer: Valeria Mongelli/Bloomberg
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Ryanair's trademark one euro and 10 euro fares will not be seen for a "number of years" due to soaring fuel prices, the budget airline's boss has said.

In an interview with BBC Radio 4's Today programme, Michael O'Leary said he expected Ryanair's average fare to rise by about 10 euros over the next five years, from around 40 euros (£33.75) last year to roughly 50 euros by 2027.