Ryanair considers pay freezes and reducing crew on flights as fuel costs soar
Ryanair is considering cost-cutting measures, including pay freezes and reduced crew, to offset a projected €2bn increase in fuel costs. The airline expects European short-haul ticket prices to rise by up to 20% due to the ongoing Middle East conflict.
Why it matters
Rising fuel costs and geopolitical instability are putting significant pressure on the aviation industry, likely leading to higher travel costs for consumers.
Ryanair anticipates its jet fuel costs will increase by about €2bn (£1.6bn) in its next financial year, which ends in March 2028. Ryanair anticipates its jet fuel costs will increase by about €2bn (£1.6bn) in its next financial year, which ends in March 2028. Ryanair Ryanair considers pay freezes and reducing crew on flights as fuel costs soar Airline also weighs up increasing use of AI as part of cost-cutting measures to offset impact of Iran war
Prefer the Guardian on Google Ryanair is considering cost-cutting measures including implementing pay freezes, reducing crew on flights and increasing the use of AI to offset soaring fuel costs because of the Middle East conflict .
Also covering this story
2 other newsrooms covered this event. We read each version separately.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in