Veytics Intelligence
2026-11-02 · CO

Ryanair may freeze workers' pay as fuel prices spike

Ryanair is considering a temporary wage freeze for staff to pay for a sharp rise in its fuel costs which have surged following the US-Israel war with Iran. The carrier said it expects fuel prices to remain high "well into 2027" unless there is a "swift resolution" to the conflict. Ryanair said its fuel bill is forecast to be €2bn (£1.6bn) higher in the short-term and said it expects European airfares to increase to help cover the cost. But it said that was unlikely to be enough and, among a number of measures, it is looking into "temporary pay freezes". The BBC has contacted Unite, the union which represents Ryanair employees, for comment.

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