Are airfares rising or not?

Q I’m extremely confused. My experience as a frequent holidaymaker is that prices are rising inexorably. But now Ryanair is saying it doesn’t expect airfares to go up much, if at all. What’s your take?

Doug T

A Yours is a timely question. My strong sense is that, within Europe, holiday prices and airfares have just reached something of a plateau. An annoyingly high plateau, after steep post-Covid rises, but predictions of further increases of between 5 and 10 per cent for the summer now seem unlikely. I can be confident about that because the man who told me about the likely trajectory, back in March, was Ryanair boss Michael O’Leary.