"I don't think there's going to be ten euro flights anymore because oil prices are significantly higher as a result of the Russian invasion of Ukraine. Our average fare, which last year was 40 euros... we think that 40 euros will need to edge up to 50 euros in the next five years. There's no doubt that at the lower end of the marketplace, our really cheap promotional fares — the one euro fares, the 0.99 euro fares, even the 9.99 euro fares — I think you will not see those fares for the next number of years."

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Added on April 10, 2026
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Original Language: English

Sources

Today Programme, BBC Radio 4, August 2022

https://en.wikiquote.org/wiki/Michael_O'Leary_(businessman)