Ryanair considers a temporary freeze on staff wages to cope with soaring fuel costs due to the Middle East conflict.
Ryanair is considering a temporary wage freeze for employees to cover soaring fuel costs following the US-Israel and Iran conflict. The airline anticipates fuel prices will "persist until 2027" unless the conflict is resolved quickly, with short-term fuel expenses expected to increase by €2 billion (approximately £1.6 billion). Ryanair stated that European airfares are also expected to rise to offset costs, but this may still not be enough, so it is exploring several measures, including a "temporary wage freeze."
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