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The Independent UK
The Independent UK
Business
Henry Saker-Clark

Ryanair warns rival airlines will ‘struggle to survive’ if soaring oil prices persist

Ryanair has warned that some of its competitors will “struggle to maintain capacity or even survive” this winter if high oil prices continue into 2027.

The Irish airline, which cut its 2027 air traffic target from 216 million to 214 million passengers to limit its use of expensive unhedged oil, says airfares on short-haul flights in Europe would also be likely to increase “materially”.

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