Ryanair Warns of Potential 10% Fare Increase This Summer

Shortage of new aircraft from Boeing and Airbus could force the airline to cut flights and raise prices.

Ryanair's CEO Michael O'Leary warns of a potential 10% increase in airfares this summer due to a shortage of new aircraft from Boeing and Airbus, affecting the airline's capacity to meet demand.
Boeing's production delays, particularly with the 737 Max, have been exacerbated by quality control issues, leading to a reduced number of aircraft deliveries to Ryanair.
The shortage of aircraft could result in Ryanair carrying five million fewer passengers than expected next year, forcing the airline to possibly trim its flight schedule and cancel some flights.
O'Leary criticizes Boeing for its manufacturing problems and seeks compensation for the delays, which threaten Ryanair's summer travel season.
Despite the challenges, Ryanair remains one of Boeing's largest customers, with orders for more than 350 Max jets in recent years.