Airfare prices are soaring, and one airline says the worst may be yet to come

Airfare prices are soaring, and one airline says the worst may be yet to come

Flying around Europe could get considerably more expensive next year, even on budget airlines. Ryanair, Europe’s largest airline by passenger numbers, is warning that airfares could rise by as much as 20% in 2027 as soaring fuel prices put pressure on its bottom line. And higher ticket prices might not be enough to cover the difference. The Irish budget carrier said Monday that it is considering temporary employee pay freezes, reduced crew staffing ratios, and increased use of artifi...

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