Ryanair says it will reduce its winter losses by about €70 million after “strategically cutting” its exposure to high fuel costs. The airline indicates the move is aimed at limiting how fuel price volatility affects its seasonal performance.

Ryanair also warns that next summer could bring “materially” higher short-haul airfares if oil prices remain elevated. The Financial Times reports the carrier expects fares to increase notably in that scenario, while the Irish Independent links the potential fare rise to continued high fuel prices despite the winter hedging and schedule adjustments. Both outlets frame the outlook as conditional on future oil costs.

Together, the reports describe Ryanair adjusting its winter operations and risk profile to lessen losses, while signaling to customers and markets that pricing pressure may return in the next peak period if fuel costs do not fall.