Ryanair’s CEO warns travelers that cheap European flights may not last if oil remains above $100 a barrel into next year
Ryanair’s fuel hedge softened the Iran war’s blow, but it still cut its winter flight schedule and anticipates higher ticket costs
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# Ryanair's Oil Price Warning Ryanair CEO warns that sustained crude oil prices above $100 per barrel into 2025 could eliminate cheap European airfares, as the airline's current fuel hedges mask underlying cost pressures that are already forcing winter flight schedule cuts. The budget carrier expects to pass increased fuel costs to passengers through higher ticket prices, signaling that investor bets on low-cost European travel may face headwinds if energy prices remain elevated.
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