Ryanair, the airline synonymous with no-frills, low-cost flights, is considering a significant shift in its strategy – offering package holidays. This news is likely to excite budget-conscious travelers who are eager to explore destinations like Spain, Portugal, and Greece. While Ryanair’s CEO, Michael O’Leary, has previously ruled out package holidays, he now suggests a potential review once the airline expands its fleet of Boeing aircraft. He sees package holidays as a way to offer higher fares and yields, creating a more comprehensive travel experience.
This isn’t the first time Ryanair has dipped its toes into package holidays. Back in 2016, they launched a program only to discontinue it after two months. However, the success of competitors like Jet2 and easyJet with their dedicated holiday arms seems to have convinced O’Leary of the potential benefits. O’Leary acknowledged easyJet Holidays’ success since its relaunch in 2019.
While Ryanair is considering the possibility, the airline is determined to avoid any negative impact on its core business. They want to ensure package holidays don’t cannibalize their existing revenue streams and are manageable for the company.
Meanwhile, the Algarve region in Portugal has been crowned Europe’s cheapest holiday destination for 2024 by Post Office Travel Money. This stunning region ranks fifth globally for best value, beating out other budget-friendly hotspots like Marmaris in Turkey and Sunny Beach in Bulgaria. According to the Worldwide Holiday Costs Barometer, a cup of coffee in the Algarve will cost you just 88 pence, a local beer comes in at £2.20, and a glass of wine at £1.76. This makes it an incredibly affordable option for those seeking a sun-soaked vacation without breaking the bank.
However, it’s important to note that while the Algarve offers incredible value, Ryanair’s package holiday plans are still under consideration. The airline will likely proceed with caution, ensuring the venture doesn’t detract from its primary focus on low-cost flights.
The news comes after O’Leary sparked controversy by proposing a two-drink limit at airports to curb disruptive behavior on flights. He cited an increase in alcohol and drug-related incidents, particularly on flights to party destinations like Ibiza. The aim is to ensure passengers are sober before boarding, minimizing the risk of disruptions during flights.
