Ryanair CEO Michael O'Leary forecasts substantial increases in air travel costs by 2027. The predicted rise is attributed to escalating petroleum prices and existing European taxes. O’Leary suggests flying will become considerably more expensive as a result of these converging factors. The airline executive did not specify exact figures for the anticipated price hikes, but indicated the impact will be significant for passengers. This warning comes as the aviation industry continues to navigate fluctuating fuel costs and complex regulatory environments within Europe. Passengers traveling to and from European destinations should anticipate potentially higher ticket prices in the coming years.