Ryanair Holdings plc (RYA.IR)

UPDATE 2-Summer ticket fares will rise less than expected, Ryanair CEO says

Ticket fare prices this summer are likely going to be lower than previously expected, Ryanair Chief Executive Michael O'Leary said on Tuesday, despite previous warnings that rising costs would get passed on to airline customers. Aviation executives and analysts have said ticket prices were set to go up even more this year as capacity constraints and slower aircraft deliveries limit the amount of planes in the sky despite robust travel demand. Ryanair shares were down 6.4% at 1354 GMT, with easyJet and Lufthansa shares also down after O'Leary's comments.