Bloomberg Air fares are “too cheap” and will need to rise for the next five years for airlines to remain competitive, Ryanair Chief Executive Officer Michael O’Leary told the Financial Times in an interview. Ryanair under O’Leary pioneered the era of budget travel, offering cheap tickets that made air travel accessible to millions, while putting pressure on the profit margins ...

Bloomberg American Airlines Group Inc. said it doesn’t expect any operation impact from a temporary glitch that had allowed pilots to drop thousands of flight hours. A “technical glitch” in AA’s pilot scheduling system led to more than 37,000 of flying hours in July to be dropped into open time, according to a statement by Allied Pilots Association President Ed ...

Bloomberg UK shoppers seeking to avoid higher bills at the checkout are running out of options after prices on more than half of supermarket items rise in the past year. Some 22,000 products offered by Britain’s four biggest grocers became costlier since last June, data from retail research firm Assosia shows. That includes a 35% surge in Heinz Tomato Ketchup ...