Ryanair Group CEO: European airfares could rise by 'maybe 20%' in 2027
CAPA News Briefs
CAPA publishes more than 1,000 global News Briefs every week, covering all aspects of the aviation and travel industry. It’s the most comprehensive source of market intelligence in the world, with around 50 per cent of content translated from non-English sources. The breadth of our coverage means you won’t need any other news sources to monitor competitors and stay informed about the latest developments in the wider aviation sector.
Our daily News Briefs are only available to CAPA Members
Membership provides access to more than 1,000 News Briefs every week, with quick links to our Analysis Reports, Research Publications, Data Centre and more.
It’s easy to keep your News Briefs relevant by customising your email alerts based on topic, region, sector, frequency and more. Once you’ve saved your settings, you can stay up-to-date wherever you are, by quickly scanning our News Briefs online or via the CAPA mobile app.
Membership also provides full access to our Analysis Reports, in-depth Research Publications and comprehensive Data Centre. Premium CAPA Members can also access add-ons such as our exclusive Fleet Database, Airline Cask Data tools and more, to enjoy the full capabilities of our global platform.
Background ✨
Ryanair Group CEO Michael O'Leary previously said European airlines faced a major cost challenge in 2027 because industry fuel hedging rolled off, with jet fuel prices higher amid refinery tanker shortages and limited refinery capacity.1 He also cut Ryanair's FY2027 traffic forecast to 214 million, citing capacity limits to manage unhedged fuel exposure, while predicting higher oil prices would be passed through via higher airfares or fuel surcharges and could accelerate airline failures and consolidation.2