Ryanair Warns of Pay Freeze and Fare Hikes as Fuel Costs Could Surge €2bn by 2028

Ryanair has cautioned that it may freeze employee pay and increase ticket prices if fuel costs climb by an estimated €2 billion in 2028. The budget carrier linked the potential spike to ongoing geopolitical instability, specifically the US-Israel conflict with Iran, which it says could disrupt energy markets and drive up jet fuel prices. The airline's warning underscores how global events can ripple into everyday travel costs for consumers and operational decisions for airlines. While no immediate changes have been announced, Ryanair's contingency planning signals a cautious outlook for the aviation industry's cost base. Travelers and staff alike may feel the pinch if the conflict persists or escalates, making this a key story for anyone watching airline fares or employment trends in the sector.