RYANAIR COULD DROP FARE PRICES THIS WINTER

Ryanair lowered its full-year traffic prediction and said it may need to cut ticket prices to fill seats this winter as passengers become more cost sensitive. The Irish low-cost airline could introduce “fare stimulation” toward the end of the year to meet seat capacity that’s set to be 25 percent higher than pre-COVID levels, Ryanair said on Monday as it reported earnings that beat estimates.