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Ryanair warns air fares in Europe will jump next year if oil price stays high

Summary by RocketNews
Ryanair warned that European air fares could rise substantially next year if oil prices remain elevated, citing potential failures among competitors with inadequate fuel hedges.

4 Articles

At Ryanair, we have hedged the fuel price this year at approximately $67 per barrel. Next year our oil price will be twice as high,' said O'Leary

Ticket prices are expected to increase by up to 20% next year, O'Leary said.

Ryanair CEO Michael O'Leary says the company is predicting "drastically increased airfares in 2027" during a press conference in Brussels on Tuesday.

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RocketNews broke the news on Sunday, October 18, 2026.
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