Ryanair declares price war during upcoming winter months
Monday, September 7, 2015
Planning your next city break? Good news for Ryanair passengers: The Dublin-based airline has declared a price war for the upcoming winter months. This was announced by CEO Michael O’Leary as he promised the “‘mother and father of all fare wars”.
The reason behind the tumble in ticket fares are the plummeting oil prices, which are currently at their lowest in six years. For several months now, airlines have been accused of not passing on the benefits of low oil prices onto passengers. According to Ryanair, this is about to change in the upcoming travel season. The low budget carrier has predicted a fare decrease of up to 8 percent. Rivalling airlines are expected to follow in these footsteps, which will lead to the promised price war.
Currently, an average one-way ticket booked with Ryanair goes for approximately £34. The airline has already begun promotional campaigns, offering tickets for under £4. These outrageous prices are good news for passengers looking to getaway.