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Northwest Arkansas Democrat Gazette

Ryanair to enact airline-wide cost purge to offset fuel charge increases | Northwest Arkansas Democrat-Gazette

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Ryanair to enact airline-wide cost purge to offset fuel charge increases | Northwest Arkansas Democrat-Gazette
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Ryanair plans an airline-wide cost purge to offset a projected $2.2 billion jump in fuel charges next year, as the Middle East conflict keeps oil prices high and weighs on passenger booking willingness. The Irish carrier said it is reviewing airport deals, considering lower crew staffing on aircraft, and may increase the use of artificial intelligence to reduce expenses. The moves come after Ryanair reported profit after tax of $2.4 billion for the first fiscal half, down from $2.8 billion, with unit costs rising 5%. Jet fuel is expected to stay elevated, pushing the airline toward a slimmer winter schedule and a lower 2027 passenger forecast of 214 million.

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