Ryanair braces for a €2 billion rise in fuel costs and considers a pay freeze
Ryanair reported results for the first half of the 2026/27 financial year: profit declined amid more expensive fuel, and for the next year the company forecasts fuel costs rising by roughly €2 billion. The carrier is considering a temporary pay freeze, higher fares and expanded use of AI, but the union Unite says a multi-year pay agreement is in force.
Otabek Yusupov