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Ryanair CEO Michael O'Leary discusses the company's quarterly earnings results and why prices won't be as high as hoped during the summer season.

Ryanair's chief executive blamed what he called a “recessionary feel around Europe” for the airline's inability to increase prices very much.

Ryanair CEO Michael O'Leary says he expects ticket pricing to be softer than expected over the summer travel season. He says on "Bloomberg Surveillance" that consumers are nervous.

Irish no-frills carrier Ryanair on Monday said group net profit jumped a third to 1.92 billion euros in its financial year as higher demand and fares offset ballooning fuel costs.

Ryanair CEO Michael O'Leary joins 'Squawk Box' to discuss the company's quarterly earnings results, why prices won't be as high as hoped during the summer season, and much more.

Ryanair Holdings PLC (LSE:RYA) boss Michael O'Leary said a "recessionary feel" in Europe was a possible reason for the softer growth in air fares in recent weeks. This morning's results again flagged that the strong price rises seen last year were easing off, which followed O'Leary's update from two weeks ago, where he said summer fares were not likely to see the 5% to 10% rise that he had initially expected last month.

Ryanair Holdings PLC (LSE:RYA) boss Michael O'Leary said a "recessionary feel" in Europe was a possible reason for the softer growth in air fares in recent weeks. This morning's results again flagged that the strong price rises seen last year were easing off, which followed O'Leary's update from two weeks ago, where he said summer fares were not likely to see the 5% to 10% rise that he had initially expected last month.

Ryanair CFO Neil Sorahan discusses the airline's earnings results. He appeared on Daybreak Europe with Tom Mackenzie.

Full-year results from Ryanair were in line with previous guidance but with the airline surprised investors and analysts with its share buyback and dividend. A €700 million share buyback is set to begin later this week and the introduction of a dividend, n int.

Full-year results from Ryanair were in line with previous guidance but with the airline surprised investors and analysts with its share buyback and dividend. A €700 million share buyback is set to begin later this week and the introduction of a dividend, n int.