Ryanair warns European airfares could rise up to 20% in 2027 as fuel costs pressure airlines
Bookmark this storyRyanair CEO Michael O’Leary says European fares face their biggest increase on record next year, with some estimates putting the rise at up to 20%. Airlines are largely unhedged as fuel costs climb and hedging contracts expire, a squeeze that could also prompt carriers to cut capacity; Ryanair is separately reducing its Belgian operation by 20 routes and six aircraft.
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