Transportation
Ryanair Says Summer Fares May Be Flat Despite Low Capacity
- Airline says demand is strong as capacity remains constrained
- Boeing deliveries of new 737 Max jets may slip further
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Ryanair Holdings Plc said ticket prices in the peak European travel season may be flat to modestly higher, with the carrier having to discount fares in the three months through June to spur bookings.
The Irish airline said Monday that with visibility limited, it was too early to be able to provide guidance for its financial year that began April 2024. Still, Ryanair said that demand is positive with European short-haul travel capacity constrained.