Ryanair fights off European squeeze on its ticket price

Ireland News News

Ryanair fights off European squeeze on its ticket price
Ireland Latest News,Ireland Headlines
  • 📰 RTEbusiness
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 61%

Ryanair is facing challenges at both ends of its price range, with Europe's largest airline taking aim at proposed minimum fares in France after fending off a cap on what it charges in Italy.

France, where Ryanair serves cities such as Marseille and Bordeaux, has floated proposals for a minimum ticket price in an effort to reduce pollution from aviation.

This summer's standoff between Ryanair and the Italian government shows how central the low-cost carriers have become to life in Europe and how hard it is to rein them in. Ryanair now generates more than a fifth of its revenues - almost €2.4 billion in its last financial year - on Italian routes, and claims a market share in excess of 40%.

Alarmed by the prices of domestic flights to Sicily and Sardinia in high season, the government passed a decree in August to cap them, striking a chord with Italians who want to return to their native regions to visit families in summer. Alitalia has been replaced by a slimmed down state carrier, ITA which is due to get some heavyweight foreign backing from Lufthansa.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

RTEbusiness /  🏆 16. in İE

Ireland Latest News, Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Fourteen Random Facts About Europe For Europe DayFourteen Random Facts About Europe For Europe DayThe website for Irish women
Read more »

Ryanair issues urgent warning to passengers as Storm Babet hits countryRyanair issues urgent warning to passengers as Storm Babet hits countryThe budget airline has said there will be delays due to the storm
Read more »

'Full emergency' forces Ryanair flight to make U-turn as passengers 'terrified''Full emergency' forces Ryanair flight to make U-turn as passengers 'terrified'A passenger on board the plane travelling from Belfast to Edinburgh described the experience as 'terrifying'
Read more »

Ryanair loses challenges against Alitalia state aidA European Union court today said the state aid Alitalia received during the Covid-19 pandemic, which led to a standstill of air travel, was compatible with EU's internal market.
Read more »



Render Time: 2025-02-23 15:05:54