Ryanair’s airfares are getting more expensive, Wizz Air is preparing to return to Ukraine

By: Trademagazin Date: 2025. 02. 25. 11:08

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Ryanair CEO Michael O’Leary announced in Warsaw on Tuesday that the airline’s flight prices could rise by 4-6 percent this summer. According to the company’s CEO, last summer there was a 10 percent price drop, which was partly caused by disputes with online travel agencies, which have now been largely settled. According to O’Leary, although summer 2024 prices will be higher than at the beginning of the year, they will still remain lower than in the same period in 2023, Portfolio.hu reported.

The airline’s CEO also touched on the situation of aircraft manufacturer Boeing, explaining that the manufacturer is expected to make up for its current backlog in deliveries by the summer of 2026. This delay is also affecting the operations of several airlines, as the delay in new aircraft affects capacity expansion plans.

Ryanair’s plans for Ukraine were also discussed. According to O’Leary, the airline is ready to restart its flights in the country within six weeks of a possible ceasefire being declared. The company’s CEO has clearly indicated that Ryanair is constantly monitoring the development of the war situation and would react quickly to the development of a peaceful environment.

Wizz Air CEO József Váradi also reported similar plans. In his statement on Monday, he explained that the Hungarian-linked low-cost airline would also return to the Ukrainian market after the end of the war, and according to Váradi, Wizz Air’s goal is to gain a market leading position in the country. The competition between the two discount airlines is thus already emerging regarding the future of Ukrainian air transport.

For passengers, the increase in air ticket prices and the geopolitical strategies of the airlines will both be determining factors in the coming period. The decisions of Ryanair and Wizz Air could significantly influence the development of European air transport, especially in the Central and Eastern European region.