Ryanair Warns of Material Airfare Increases (paddleyourownkanoo.com)

Ryanair expects jet fuel prices to remain elevated through 2027 due to Middle East conflict, projecting a €2 billion increase in annual fuel costs. The airline plans to offset expenses via temporary pay freezes, expanded AI use, and reduced cabin crew ratios on select flights. Current hedging covers 80% of fuel needs until March 2027, but unhedged supply will drive materially higher airfares thereafter.