Ryanair said its pre-tax profit fell 16% to €2.4bn in the six months to September, that fares will be "materially higher" next summer, and that it is considering a temporary pay freeze as fuel costs climb because of the US-Israel war with Iran. BBC
BBC NewsRyanair says it may freeze workers' pay and raise airfaresThe airline says fuel prices may rise by €2bn in 2028 unless there is an end to the US-Israel war with Iran.
Even with 80% of its fuel hedged, the airline says costs bite: who ends up bearing a fuel shock like this, passengers or staff?
