Ryanair has said the era of cheap promotional fares is over as the rising cost of flying has forced them to drop previous promotional fare and pricing tactics.
On Wednesday, chief executive Michael O'Leary told the BBC that they expect to increase the average fare by more than a quarter over the next five years.
"There's no doubt that at the lower end of the marketplace, our really cheap promotional fares - the one euro fares, the €0.99 fares, even the €9.99 fares - I think you will not see those fares for the next number of years," O'Leary told BBC radio.
The Irish arbiter of budget travel is seen as Europe's original no-frills carrier. Launched in 1984 the airline sought to bring the US low-cost model to the Eurozone.
Dragging down prices - and, some critics might say, standards - the no-frills approach flourished in the newly-created EU common movement area. Other airlines adopted the model or launched low-cost subsidiaries to compete. Ryanair would be the first to the charge, joined by the likes of Easyjet, Vueling and Wizz Air.