
Airline expects fuel prices to remain high well into 2027 and warns European airfares will increase.
AI-generated summary
Fuel prices have surged following the US-Israel war with Iran.
Ryanair is considering a temporary wage freeze for staff to pay for a sharp rise in its fuel costs which have surged following the US-Israel war with Iran.
The carrier said it expects fuel prices to remain high "well into 2027" unless there is a "swift resolution" to the conflict.
Ryanair's said its fuel bill is forecast to be €2bn (£1.6bn) higher in the short-term and said it expects European airfares to increase to help cover the cost.
But it said that was unlikely to be enough and, among a number of measures, it is looking into "temporary pay freezes". The BBC has contacted Unite, the union which represents Ryanair employees, for comment

Ryanair is considering temporary staff wage freezes to offset a €2bn surge in fuel costs driven by the US-Israel war with Iran. The airline reported a 16% drop in pre-tax profits and warned of unprecedented airfare increases across Europe.

Ryanair is considering a temporary wage freeze for staff to offset a €2bn surge in fuel costs driven by the US-Israel war with Iran. The airline also reported a 16% drop in pre-tax profits and expects European airfares to rise.

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