Ryanair does not plan additional fuel surcharges, despite high oil prices

Ryanair has no plans to introduce additional fuel surcharges, even though jet fuel prices are reaching record levels. This declaration was made by Michael O'Leary, CEO of Ryanair Group, during a press conference on Wednesday. According to O'Leary, the carrier is well prepared for the current turbulence on the fuel market thanks to effective hedging of fuel prices until the summer of 2026.

Most airlines were well protected for the 2026 summer season, which is why we are able to weather the shock of high oil prices this year, O'Leary emphasized.

He added, however, that the situation could change dramatically next year.

None of us will be able to absorb such high fuel costs any longer. This means that other airlines will be forced to pass on these costs to passengers in the form of fuel surcharges and higher ticket prices, predicts the head of Ryanair.

O'Leary does not hide the fact that he expects serious consequences for the entire aviation sector. In his opinion, the increase in fuel prices will accelerate the collapse of unprofitable carriers and lead to further market consolidation.

Airlines that are already making losses will not survive. As a result, Europe will be dominated by four large airlines: British Airways, Lufthansa, Air France and Ryanair, O'Leary predicts.