Energy
6.3
Ryanair CEO warns Middle East conflict to lift European air fares up to 20% in 2027
Published 12 h ago4 sourcesEvidence: Reported
SeverityModerateAssessedDeveloping storyGuardian WorldLow-rated sourceIE · GB
Ryanair's Michael O'Leary warns that high fuel prices will drive the biggest increase in EU airfares next year as airline hedging contracts expire, forcing capacity cuts. The warning signals sustained cost-push inflation in the aviation sector, with potential knock-on effects on travel demand and consumer spending.
Published 12 h ago4 sourcesEvidence: Reported
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