Ryanair has warned that it may freeze workers’ pay if fuel costs rise sharply, with the airline saying prices could increase by €2bn in 2028 unless the US-Israel war with Iran comes to an end.
The airline has linked the possible pay restraint to the expected impact of higher fuel prices. It says the additional cost could reach €2bn in 2028, although the supplied information does not set out how the figure was calculated or identify the specific fuel-price changes involved.
Ryanair has not confirmed that a pay freeze will take place. Its position is that workers’ pay may be frozen if the projected increase in fuel costs materialises. No further details have been provided on which employees could be affected, how long any freeze might last or when a decision would be made.
The airline’s warning places fuel expenses at the centre of its financial planning for 2028. The latest situation remains dependent on developments in the conflict cited by Ryanair and on the future level of fuel prices.