Ryanair (RYAAY) Changes Family Seating Policy, No Fees for Parents

AI Summary

Ryanair (RYAAY) updated its family seating policy to allow parents to sit with young children for free after an investigation by the Competition and Markets Authority (CMA). Previously, adults traveling with children paid £8 each way for a reserved seat, while children could sit for free but without guaranteed proximity. The new policy, effective immediately, comes in line with practices from other European airlines. Despite the change, Ryanair does not anticipate any impact on its revenue, asserting their previous policy provided families with certainty regarding seating.