Ryanair charges Brits more than Europeans

Stat of the day: 25%. That's how much more Ryanair effectively charges British fliers in its fees and charges because of the way it calculates the exchange rate.

by Michael Northcott
Last Updated: 09 Oct 2013

The chief executive of Ryanair, Michael O’Leary, has fielded many a question from critics accusing the airline of penny-pinching from its passengers. But in reports today, it was found that because of the pound sterling strengthening against the euro, fees and charges are costing British fliers up to 25% more than their European counterparts.

Ryanair uses an exchange rate of £1 to €1 which it has kept from the time when the two currencies reached parity, but with flat fees and the currency values no longer aligned, Brits are coming off worse. The disparity is increasing, too: as the eurozone debt crisis drags on, confidence in the currency continues to plunge, meaning the difference between Brits’ and Europeans’ pricing continues to grow. Those fees and charges really are flying away!

The difference means a British family of four paying the same fees as a European family, could spend around £70 more. O’Leary really knows how to play it…

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