Ryanair says its fuel bill could rise by about €2bn as hedges expire.
CEO Michael O'Leary said European airfares could rise 10% to 20% next year as airline fuel hedges roll off.
Ryanair expects its fuel bill to rise by about €2bn, and says fare increases may not fully cover it.
The airline is reviewing costs, including possible temporary pay freezes, lower crew ratios and more AI use.
It cut its full-year traffic target to 214 million passengers and expects winter traffic to be broadly flat year-on-year.
💬 Have higher flight costs changed how you plan trips?
Source: CNBC, The Guardian
Trading crypto from Dubai since 2019.