BRITS are set to enjoy cheaper summer holidays after Ryanair revealed airfares will be "materially lower" than last year.It comes as the budget airline reported plummeting quarterly profits.Ryanair said prices over spring pushed profits down 46% to £303million for the three months to June.Chief executive Michael O'Leary said: "While demand is strong, pricing remains softer than we expected, and we now expect fares to be materially lower than last summer." The average ticket price fell 15% to £35 year-on-year, while passenger numbers rose 10% to 55.5million.Experts say holidaymakers are waiting longer than usual to go on their summer jollies due to the cost-of-living crisis.Earlier this month, Jet2 said there would only be "modest" price increases this summer amid a wave of later bookings to European destinations.Lufthansa also pointed to "negative market trends", while Air France-KLM warned fewer people than expected booked flights to Paris for the Olympics.

HOL FLIGHTS PRICE FIGHT

342,1186,1278,507,1672,2126

Vanity Fair US

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mother nature

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BABY REINDEER'S REIGN AT EMMYS

Jackson 5's Tito dies, 70

Bacteria without borders

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{{magzter}} is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 87 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.