Ryanair to review pay freezes and AI use to counter a jet fuel price surge

Summary

Ryanair is to review pay freezes and AI use to counter a jet fuel price surge, the Evening Standard and The Independent reported on Monday 2 November, the Dublin-based airline predicting a jump of roughly two billion euros in its fuel bill for the year to March 2028. Chief executive Michael O'Leary said the energy costs facing European airlines will be 'significantly higher next year', City A.M. reported, writing that Ryanair is set to use AI to improve productivity and freeze the pay of some of its staff, and The Guardian reported that the airline is considering pay freezes and reducing crew on flights as fuel costs soar, and weighs up increasing use of AI as part of cost-cutting measures to offset the impact of the Iran war. O'Leary has also warned that European airfares could go up by 20% in 2027, Wales Online reported.

Latest: Ryanair is to review pay freezes and AI use to counter a jet fuel price surge, predicting a jump of roughly two billion euros in its fuel bill for the year to March 2028, the Evening Standard and The Independent reported, chief executive Michael O'Leary saying the energy costs facing European airlines will be 'significantly higher next year', according to City A.M., The Guardian reporting that the airline is considering reducing crew on flights, and Wales Online that O'Leary has warned European airfares could go up by 20% in 2027.

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