Ryanair announced an increase in ticket prices due to rising fuel prices
Irish low-cost airline Ryanair is forced to raise airfare due to rising fuel costs. This is reported by the BBC with reference to the director of the airline, Michael O'Leary. “There is no doubt that at the bottom of the market, our really cheap promotional rates – the one euro rates, the €0.99 rates, even the €9.99 rates – you won’t see them for the next few years,” O’Leary said.