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Mon, 02 Nov 2026

Mon, 02 Nov 2026 Ryanair says it may freeze workers' pay and raise airfares

The airline says fuel prices may rise by €2bn in 2028 unless there is an end to the US-Israel war with Iran.

* Ryanair's fuel costs are expected to rise by €2bn due to the US-Israel war with Iran, leading to higher airfares
* Airfare prices will be "materially higher" next summer, with a possible double-digit increase of 20% or more
* The airline is considering a temporary wage freeze for staff as multi-year wage deals come to an end
* Ryanair's pre-tax profits fell by 16% in the six months to September due to fuel costs increasing by 15%
* Aviation fuel prices have surged this year due to the conflict, with competition for refined products from the Gulf reduced and supply chain disruptions
* The airline will slow down hiring as costs rise and may implement a pay freeze from April next year
* Unite, the union representing Ryanair staff, said it had not been informed of any plans for a wage freeze