The Ryanair CEO worries that consumer confidence might be lagging ahead of the crucial summer season, and he may have a point.
Ryanair's low costs and decision not to lay off staff helped it recover faster from the pandemic.
Travel demand is accelerating with major sector names reporting strong demand ahead of the key holiday period, underscoring the potential of airline stocks to buy before summer. Last week, Booking.com said it expects to see strong travel demand despite the slowdown in certain regions, namely the Middle East. Booking.com said it expects room-night growth to increase between 4% and 6% year-over-year. Moreover, the gross travel bookings are expected to rise 3-5%. Overall, the company’s first-quarte