Ryanair’s CEO warns travelers that cheap European flights may not… | HappeningNow.news

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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 CEO warned that the low‑price flights many travelers rely on could end if fuel costs stay high. The war in Iran began in March, pushing jet‑fuel prices up and squeezing airlines. Ryanair had already hedged most of its expected fuel needs at a fixed price through March 2027, a strategy that kept costs from being passed on to passengers. The company’s hedge has helped it maintain low fares despite the rising fuel market.

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