Europe’s largest airline warns of jet-fuel prices at $140 this winter… | HappeningNow.news

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Europe’s largest airline warns of jet-fuel prices at $140 this winter as it cuts capacity

Ryanair on Wednesday reduced its winter capacity to mitigate its exposure to unhedged jet fuel prices of $140 per barrel, illustrating the real-economy impact of the energy crisis.

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Ryanair cut its winter flight capacity on Wednesday to limit exposure to unhedged jet fuel costs that have risen to $140 per barrel.

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