INSANE: Ryanair says airfares could increase in 2027 heres why | Rare Historical Photos

• Ryanair has warned that European short-haul airfares are likely to rise “materially” if high oil prices persist into 2027, which may see some airlines “struggle to maintain capacity or even survive”.
• The airline reduced its 2027 passenger target from 216 million to 214 million to limit exposure to expensive unhedged fuel over the winter schedule.
• Jet fuel costs have increased by 8.2 per cent month-on-month to approximately 156 US dollars per barrel, driven by escalating conflict in the Middle East.
• Ryanair remains well-positioned for profitability after hedging roughly 80 per cent of its 2027 fuel needs at 67 US dollars per barrel.
• Rising fuel expenses and Middle Eastern geopolitical tensions have squeezed profits across the aviation sector, affecting rivals such as easyJet, IAG, and Wizz Air.

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