Ryanair says it is reviewing costs and is considering measures such as pay freezes, reducing crew levels and increasing the use of AI as jet fuel costs rise amid the Middle East conflict. Multiple outlets report the company expects its fuel bill to increase by about €2bn in the financial year ending March 2028, and links the pressure on costs to the ongoing US-Israel war with Iran.
Ryanair also warns that fares could rise to offset the higher fuel bill, with one report citing potential increases of up to 20% for European airlines. In Ireland-focused coverage, RTE adds that the airline’s recent half-year results show a 15% decline in net profit for the six months to the end of September, alongside the cost review.
Overall, outlets broadly agree on the main elements: a projected roughly €2bn fuel bill increase, a range of internal cost-cutting options, and a risk of higher fares. Differences mostly concern how detailed the measures are and whether profitability reporting leads the story.
