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Published 23:26 2 Sept 2015 BST
Updated 01:51 3 Sept 2015 BST
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Ryanair's marketing chief Kenny Jacobs said: “The big drop has given airlines more financial firepower.
“It will be great for consumers as there will be a fares war. It will be very, very aggressive,” he added.
Lowering the fare costs is thought to be linked to the recent drop in oil prices.
Airlines have made considerable savings on fuel and this is thought to be the drive behind the 'fares war'.
Last minute holiday? Cheap city break? YES PLEASE.
H/T Irish Mirror‘I’m a 29-year-old woman and my income would shock my friends if it was made public’
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