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Airfares could rise 20% next summer if oil prices stay high, Ryanair CEO says

Airfares could rise 20% next summer if oil prices stay high, Ryanair CEO says

- Airfares will need to rise by between 10% and 20% next summer if oil prices stay at their current elevated level over the coming months, Ryanair group CEO Michael O'Leary said on Wednesday.



(Reporting by Joanna Plucińska, writing by Sarah Young, editing by William James)

((sarah.young@thomsonreuters.com; +44 20 7542 1109; Reuters Messaging: sarah.young.thomsonreuters@reuters.net))

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