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Tuesday, October 20, 2026Updated 19:36 UTC

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European air fares could rise by as much as 20% in 2027, Ryanair boss predicts

Source: Guardian Business · Oct 20, 2026 14:28 UTC

City lights along the Mediterranean Sea at night, seen from the International Space Station — File photo NASA · Public domain · Source

The Quick Take

Conflict in Middle East is pushing jet fuel costs higher and many carriers are not hedged against such increases, Michael O’Leary says Ryanair’s chief executive has predicted a record increase in European air fares next year, as airlines grapple with fuel bills pushed higher by the Middle East conflict. Many carriers are not hedged against rising jet fuel costs, Michael O’Leary said, which he pred

Read the full story at Guardian Business

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