According to Conor Pope, Irish holidaymakers have been playing a game of chicken with airlines in recent weeks and – for once – it seems that the holiday makers are winning.

With June on the horizon airlines have seats to sell with plenty of capacity at many accommodation options for the peak months.

Ryanair chief executive Michael O’Leary recently said air fares had not increased at the anticipated pace, with peak prices more likely to rise by “zero to 5 per cent” rather than the “5 to 10 per cent” the carrier had expected.

Conor joins Ciarán Hancock in studio to discuss that story, along with tips on how to get value when travelling abroad this summer.

Also on this week’s episode of Inside Business, Fiona Reddan of The Irish Times explains Revenue rules around parents giving gifts and payments to their children.

Can you pay for your son or daughter’s wedding? Can you gift them their honeymoon? What about buying an apartment for them to live in while they go to college?

Produced by John Casey with JJ Vernon on sound.

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