Ryanair Considers Pay Freezes and Fare Hikes Amid Soaring Fuel Costs Ryanair Considers Pay Freezes and Fare Hikes Amid Soaring Fuel Costs

Europe’s largest budget carrier, Ryanair, has announced it may freeze worker wages, reduce flight crew sizes, and increase its reliance on artificial intelligence as part of a sweeping cost-cutting initiative.

In response to the mounting financial pressures, Ryanair also projects that European airlines could be forced to raise airfares by as much as 20% to manage the impact of the soaring fuel prices.