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Ryanair Cuts Winter Flights and Warns of Higher Fares Amid Soaring Fuel Costs
Europe’s largest airline announced it will reduce winter flight schedules and expect lower profits as jet fuel prices are projected to hit $140 per barrel. The carrier cautioned passengers that these operational pressures will likely lead to increased ticket prices.
2 Sept, 08:25 — 2 Sept, 11:31
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FTVery High6h ago
Ryanair warns of higher fares as it cuts winter flights
Europe’s largest carrier sees short-haul airfares increasing ‘materially’ next year if oil prices remain high
Read full article →marketwatchMostly Factual4h ago
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.
By Jules Rimmer
Read full article →morningstar3h ago
Europe's largest airline warns of jet-fuel prices hitting $140 this winter as it cuts capacity - Morningstar
Europe's largest airline warns of jet-fuel prices hitting $140 this winter as it cuts capacity Morningstar
Read full article →Coverage Timeline
First report: FT · 2 Sept, 08:25|Full coverage: 10 · 5h|Window: 5h
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