Time.news – With the surge in energy prices, accelerated by the war in Ukraine, the era of airline tickets at 10 euros or less is over. This was stated by the CEO of the low-cost airline Ryanair, Michael O’Leary, in an interview with BBC Radio 4.
“I think there will be no more tickets for ten euros because oil prices have been much higher since Russia invaded Ukraine and I think there will be no more those prices for a few years, “said the manager. According to O’Leary, Ryanair’s average ticket fares are expected to increase by around 10 euros, to around 50 euros each way over the next 5 years.
Increase also for Disney +
With a total of 221.1 million users (which includes Disney +’s 152.1 million, Hulu’s 46.2 million subscribers and ESPN + 22.8 million), Disney +, the video streaming platform owned by Disney Company, has surpassed its competitor Netflix, stopping at 220.7 million users. Five years after the service was launched. Not only. Media giant said it will increase ad-free Disney + monthly cost by 38%.
To clarify, Disney will offer an ad-supported version starting December 8 for $ 7.99 per month (the same price as right now for the ad-free version). The ad-free version will cost $ 10.99 instead.
These are some of the data that emerged on the occasion of the presentation of the financial results of the third fiscal quarter. The company also reiterated that Disney + will become profitable by the end of its fiscal year 2024. Disney’s streaming services lost $ 1.1 billion in the last quarter.
Despite overtaking Disney + on Netflix, the company also lowered its long-term subscriber forecast. Thanks to the increase in prices and the loss of important exclusives (Disney + has lost the rights of the Premier League of cricket in India), the company expects a decrease in subscribers between now and 2024: less than 15 million subscribers, with a gap that it fluctuates between 215 and 245 million total users.