Economy European this article concerns the Union, or several of its countries at once

Ryanair considers pay freezes and reducing crew on flights as fuel costs soar

Airline weighs up increasing use of AI as part of cost-cutting measures amid warnings of €2bn rise in annual fuel billRyanair is considering cost-cutting measures including pay freezes, reducing crew numbers on flights and increasing the use of AI to offset soaring fuel costs driven by the Middle East conflict.Europe’s largest low-cost carrier said it expected European airlines to raise ticket prices by up to 20%, with its own jet fuel costs forecast to rise by about €2bn (£1.6bn) in its next financial year, which ends in March 2028. Continue reading...

Read the original article — The Guardian — Europe

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