Ryanair warns of fare rises up to 20% and pay freeze

Reported by 2 outlets · first reported Nov 2, 7:22 AM ET

CEO Michael O'Leary said fares could rise up to 20% next year. Fuel costs could rise €2 billion in 2028 unless the Iran war ends. Pay may be frozen.

Why it matters

Travelers face higher ticket prices.

Fuel is a large airline cost.

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