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Ryanair’s O’Leary says bookings can withstand Ukraine crisis -Breaking


© Reuters. FILE PHOTO – Ryanair’s Chief Executive Michael O’Leary speaking at the annual general meeting held in Dublin, Ireland on September 16th 2021. REUTERS/Clodagh Kilcoyne

LONDON (Reuters), – Russia’s invasion Ukraine is unlikely to have a major impact on the bookings of airlines in Eastern Europe, Ryanair’s boss Michael O’Leary indicated on Wednesday.

O’Leary said that the war would not impact demand to fly around Eastern Europe.

O’Leary stated that the industry’s short-haul capacity will be reduced by around 10% this Summer, leading to higher fares. Ryanair also said they would not introduce fuel fees for the summer.

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