Ryanair cuts winter capacity as unhedged jet fuel costs bite

newsare.net · economy
✨ AI Summary

Ryanair is trimming its winter flight schedule because it hasn't hedged against rising jet fuel prices. The airline says the unhedged fuel costs make the winter season unprofitable. As a result, it will reduce capacity during that period.

Airline cites exposure to unhedged jet fuel during unprofitable winter schedule

Read full article →