The CEO of "Ryanair," one of the prominent low-cost airlines, said that ticket prices for this type of airline are "very cheap," confirming that there are objective factors pushing towards increasing them in the coming years.

Michael O'Leary told the British economic newspaper "Financial Times" that airfares below the cost of taking a train to the airport are "ridiculous."

He predicted that the low-cost airline phase will end within the next five years, with rising fuel prices and environmental fees negatively affecting prices, and these companies will accordingly have to raise ticket prices.

A US report concluded that ticket prices rose by 18 percent last April, the largest increase of its kind since 1963, and ticket prices in Europe also increased with the summer travel season.

O'Leary said: "Prices are extremely cheap as they are now, and I find it absurd that every time I travel to Stansted (an airport in London), the train fare to central London is more expensive than the air ticket."

He added that he previously worked on reducing prices, which led to significant gains, but in the end, Ryanair's CEO does not believe it is sustainable in the medium term with tickets priced at $48.

He considered these prices to be very cheap, believing they will remain cheap and acceptable even if raised, for example, to $72, expecting this increase in Ryanair ticket prices in the medium term, i.e., within 5 years, which will practically lead to the end of the low-cost airline era.