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Michael O’Leary told the newspaper: "Financial Times" British economic that airfares below the cost of ride a train to me the airport silly.
He expected that the low-cost aviation phase will end within the next five years, with the rise in fuel prices Environmental fees will have a negative impact, and these companies will have to raise prices accordingly.
An American report concluded that ticket prices rose by 18 percent last April, the largest increase of its kind since 1963, and ticket prices in Europe increased with the advent of the summer travel season.
O’Leary said: "The prices are as cheap as they are now, and I find it absurd that every time I travel to Stansted (London airport), the price of a trip to central London (by train) is higher than the price of an airline ticket.".
He added that he had previously worked to reduce prices, which led to significant gains, but in the end, the president does not believe "Ryanair" It’s sustainable in the medium term with tickets priced at $48.
And he considered that these prices are very cheap, believing that they will remain cheap and acceptable even when they are raised, for example, to $72, expecting that this rise in ticket prices will occur. "Ryan Air" In the medium term, i.e. within 5 years, which will practically lead to the end of the era of low-cost aviation.
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Michael O’Leary told the British financial newspaper “Financial Times” that the prices of airline tickets that are below the cost of ride a train to me the airport silly.
He expected that the low-cost aviation phase will end within the next five years, with the rise in fuel prices Environmental fees will have a negative impact, and these companies will have to raise prices accordingly.
An American report concluded that ticket prices rose by 18 percent last April, the largest increase of its kind since 1963, and ticket prices in Europe increased with the advent of the summer travel season.
O’Leary said: “The prices are so cheap as they are now and I find it absurd that every time I travel to Stansted (London airport), the price of a trip to central London (by train) is higher than the price of an air ticket.”
He added that he had previously worked to reduce fares, which led to significant gains, but in the end, the Ryanair chief does not believe that it is sustainable in the medium term with tickets costing $48.
He considered that these prices are very cheap, believing that they will remain cheap and acceptable even when they are raised, for example, to $72. He expected that this rise in Ryanair ticket prices would occur in the medium term, i.e. within 5 years, which would practically lead to the end of the aviation era. low cost.