Ryanair is considering a temporary wage freeze for staff to pay for a sharp rise in its fuel costs which have surged following the US-Israel war with Iran. The carrier said it expects fuel prices to remain high well into 2027 unless there is a swift resolution to the conflict.
Ryanair said its fuel bill is forecast to be €2bn higher in the short-term and said it expects European airfares to increase to help cover the cost. But it said that was unlikely to be enough and, among a number of measures, it is looking into temporary pay freezes. The BBC has contacted Unite, the union which represents Ryanair employees, for comment.