AI summary
Ryanair plans pay freezes, smaller crews, and AI adoption to offset a €2 billion fuel cost spike caused by the Middle East conflict.
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Ryanair considers pay freezes and reducing crew on flights as fuel costs soar
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Airline also weighs up increasing use of AI as part of cost-cutting measures to offset impact of Iran warRyanair is considering cost-cutting measures including implementing pay freezes, reducing crew on flights and increasing the use of AI to offset soaring fuel costs because of the Middle East conflict.Europe’s biggest low-cost carrier said it expects European airlines to raise their ticket prices by as much as 20%, as it anticipates its jet fuel costs will increase by about €2bn (£1.6bn) in its next financial year, which ends in March 2028. Continue reading...
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