{"id":664503,"date":"2026-11-02T11:46:18","date_gmt":"2026-11-02T11:46:18","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/664503\/"},"modified":"2026-11-02T11:46:18","modified_gmt":"2026-11-02T11:46:18","slug":"ryanair-considers-pay-freezes-and-reducing-crew-on-flights-as-fuel-costs-soar-ryanair","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/664503\/","title":{"rendered":"Ryanair considers pay freezes and reducing crew on flights as fuel costs soar | Ryanair"},"content":{"rendered":"

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<\/a>.<\/p>\n

Europe\u2019s largest low-cost carrier said it expected European airlines to raise ticket prices by up to 20%<\/a>, with its own jet fuel costs forecast to rise by about \u20ac2bn (\u00a31.6bn) in its next financial year, which ends in March 2028.<\/p>\n

\u201cUnless there is a swift resolution of the Middle East conflict we expect jet fuel prices to remain elevated well into 2027,\u201d said Michael O\u2019Leary, the chief executive of Ryanair<\/a>. \u201cWhile we believe European short-haul fares will increase materially to reflect these much higher jet-fuel prices and competitor capacity reductions, this is unlikely to provide a full offset for an estimated \u20ac2bn increase in our fuel bill.\u201d<\/p>\n

Oil prices hit a six-month high on Friday before falling to about $110 a barrel on Monday.<\/p>\n

Ryanair expects European short-haul fares to \u201cincrease materially\u201d next year, as fuel hedging deals taken out by airlines to reduce costs expire.<\/p>\n

\u201cTo help address this, we\u2019re reviewing all costs across group airlines with a particular focus on airport churn negotiations, maturing labour agreements (which may require temporary pay freezes), lower crew ratios and increased use of AI,\u201d O\u2019Leary said.<\/p>\n

He added: \u201cWe are slowing down hiring meaningfully as the number of new pilots and cabin crew recruitment and training courses are running.\u201d<\/p>\n

The company said its increased use of AI would focus on improving productivity in operations and back-office and support functions.<\/p>\n

O\u2019Leary said AI had already been used to increase capacity by 4%.<\/p>\n

\u201cWhen you\u2019re running 650 aircraft, it\u2019s too big for a human to be able to do it,\u201d he said. \u201cThe machines can actually design the schedules better than we know [how to do], so we are getting more productivity out of the aircraft.\u201d<\/p>\n

Ryanair said 80% of its fuel requirements until the end of March were hedged at $67 a barrel. Twenty-five per cent of its fuel requirements for the subsequent 12 months are hedged at $95 a barrel.<\/p>\n

\u201cIt\u2019s beginning to dawn on everybody that we [the industry] are not well hedged,\u201d said O\u2019Leary.<\/p>\n

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The Irish airline, Europe\u2019s largest by passenger numbers, said average fares fell by 2% year on year in the quarter ending in September. Ryanair added that fares in the final three months of the year were trending \u201cmodestly ahead\u201d of the same quarter last year.<\/p>\n

\u201cThe booking window remains closer-in which reduces visibility,\u201d the company said.\u201c[The current quarter\u2019s] fare outcome will heavily depend on the strength of close-in October-November school midterm [holiday] and Christmas bookings.\u201d<\/p>\n

The airline reported a post-tax profit of \u20ac1.61bn in the quarter ending inSeptember, a fall of 6% year on year but in line with analyst expectations. Passenger numbers grew 5% year on year to 64.5 million during the quarter.<\/p>\n

Ryanair has taken delivery of about 30 aircraft annually over the last two years, but the delivery rate is set to drop to 15 annually for next few years.<\/p>\n

The airline said it was to take deliveries of the Boeing 737 Max 10 aircraft in January, which has about 20% more seats but burns a fifth less fuel than its current fleet.<\/p>\n","protected":false},"excerpt":{"rendered":"Ryanair is considering cost-cutting measures including pay freezes, reducing crew numbers on flights and increasing the use of…\n","protected":false},"author":2,"featured_media":664504,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[114,85,46],"class_list":["post-664503","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-il","tag-israel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/664503","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=664503"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/664503\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/664504"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=664503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=664503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=664503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}