18 publishers · first seen Mon, 02 Nov 2026 07:30 UTC · updated Tue, 03 Nov 2026 08:00 UTC
Ryanair, Europe's largest airline, anticipates a 10% to 20% increase in airfares for 2027 due to rising fuel costs driven by the ongoing conflict in the Middle East. CEO Michael O'Leary highlighted that the airline's annual fuel bill is expected to rise by approximately €2 billion, and while fare increases are planned, they may not fully cover the additional expense. To mitigate costs, Ryanair is considering temporary pay freezes, reducing crew numbers, and increasing the use of AI. The airline has already reduced its winter flying schedule and expects further cuts in short-haul capacity into 2027. Despite these measures, the conflict's impact on fuel prices and booking patterns remains a significant concern for the airline's financial outlook.
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