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Ryanair weighs pay freeze as Iran war drives up fuel costs

Ryanair is considering a temporary wage freeze for staff to offset a sharp rise in fuel costs following the US-Israel war with Iran. The airline said its fuel bill could be €2bn higher and expects prices to stay elevated well into 2027 unless the conflict ends quickly. It also expects European airfares to rise, though that may not cover the cost.

Ryanair weighs pay freeze as Iran war drives up fuel costs

This summary is based on reporting by BBC News.

Read the full story at BBC News