Ryanair boss says higher fuel costs may require pay freezes and more AI, as profits dip
Airline weighs up increasing use of AI as part of cost-cutting measures amid warnings of €2bn rise in annual fuel bill Ryanair is considering cost-cutting measures including pay freezes, reducing crew numbers on flights and increasing the use of AI to offset soaring fuel costs driven by the Middle East conflict . Europe’s largest low-cost carrier said it expected European airlines to raise ticket prices by up to 20% , with its own jet fuel costs forecast to rise by about €2bn (£1.6bn) in its nex
Coverage across the spectrum
How we rate outletsThe story so far
- Ryanair to review pay freezes and AI use to counter jet fuel price surge.
- Ryanair reviews costs, considers pay freeze as fuel costs squeeze profit.
Who's reporting it
All 6 sources- The GuardianTG
The GuardianLeftRyanair considers pay freezes and reducing crew on flights as fuel costs soar
- TheJournal.ie (IE)T(TheJournal.ie (IE)Center
Ryanair boss says higher fuel costs may require pay freezes and more AI, as profits dip
- BBC NewsBN
BBC NewsCenterRyanair may freeze workers' pay and raise fares on higher fuel prices
- LELondon Evening Standard (GB)Center
Ryanair to review pay freezes and AI use to counter jet fuel price surge
- TTradingViewCenter
Ryanair reviews costs, considers pay freeze as fuel costs squeeze profit
Timeline
4h ago
TradingView: Major publicly traded European airline stocks include Ryanair OTC:RYAOF, Lufthansa OTC:DLAKF, easyJet OTC:EJTTF, Wizz Air OTC:WZZAF, Air Fra
2h ago
London Evening Standard (GB): The Dublin-based airliner said it was predicting a jump of roughly two billion euros in its fuel bill for the year to March 2028.
2h ago
BBC News: The airline says fuel prices may rise by €2bn in 2028 unless there is an end to the US-Israel war with Iran.
2h ago
TheJournal.ie (IE): The company reported profits of €2.15 billion in the first half of this year, down 15% on the same six-month period last year.
2h ago
The Guardian: Airline weighs up increasing use of AI as part of cost-cutting measures amid warnings of €2bn rise in annual fuel bill
2h ago
The Guardian: Airline weighs up increasing use of AI as part of cost-cutting measures amid warnings of €2bn rise in annual fuel bill
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