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-Misrael 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.