Ryanair Considers Staff Pay Freeze Amid Surging Fuel Costs
· Business · BBC News, The Guardian, The Independent
Ryanair is considering a temporary wage freeze for staff to offset a sharp rise in fuel costs following the US-Israel war with Iran. The carrier expects fuel prices to remain high well into 2027 unless there is a swift resolution to the conflict. The airline forecasts its short-term fuel bill will increase by €2bn (£1.6bn) and anticipates that European airfares will rise to cover the expense. However, the carrier stated that fare increases will likely be insufficient, prompting the exploration of wage freezes among other measures. The BBC has contacted Unite, the union representing Ryanair employees, for comment.
Why it matters
Airline employees face potential wage freezes while European air travellers confront rising ticket prices due to escalating Middle East conflict costs.
Read the original report — BBC News
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