Ryanair warns that if high jet fuel prices persist, airfares on short-haul routes across Europe will increase materially in the coming year. The airline links the warning to continued high oil costs and says this could disrupt pricing and demand.
Ryanair also cautions that some rival airlines may struggle to survive if fuel expenses remain elevated, pointing to the pressures that high operating costs create for carriers with less financial flexibility. Several outlets say the risk is tied to winter conditions and the need to manage exposure to fuel prices.
The Guardian adds further detail, reporting that Ryanair cuts its passenger target for the year ending 31 March—from 216 million to 214 million—to reduce exposure to “unhedged winter oil.” Other outlets describe similar themes, including expectations of higher fares into next summer and the possibility of weaker competitors collapsing if fuel costs do not fall.
