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Ryanair fares up pay held
Ryanair is considering a temporary wage freeze, higher ticket prices and cuts to operating costs to offset rising fuel expenses linked to the war in the Middle East. The company expects its fuel bill to increase by around €2 billion in the financial year ending in March 2028, while fares on short-haul flights in Europe could rise by double-digit percentages in 2027. Its quarterly net profit fell 6% to €1.61 billion, despite a 4% increase in revenue to €5.7 billion.
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