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Ryanair trims traffic target, warns rivals face winter squeeze amid fuel costs

Ryanair said the winter cut will reduce losses by up to €100 million and leave some less hedged rivals under pressure if fuel prices stay high.

  • On Wednesday, Sep 2, 2026, Ryanair cut its fiscal 2027 traffic target to 214 million passengers from 216 million to limit exposure to unhedged oil prices during the winter season.
  • Sustained high oil prices are driving the decision, with jet fuel at around $140 a barrel; International Air Transport Association reports prices rose 8.2% month-on-month and 74.2% over the past year.
  • Ryanair remains well positioned with 80% of its 2027 jet fuel hedged at roughly $67 per barrel, and the airline operated over 120,500 flights recently with a steady 96% load factor.
  • Short-Haul airfares in Europe are likely to increase "materially," and Ryanair warned some competitors will "struggle to maintain capacity or even survive" this winter if oil prices remain high.
  • While summer traffic remains on track to grow by more than 5% to 145 million, Ryanair expects traffic from November to March to be "broadly flat," contrasting with Rival Wizz Air's 25.9% passenger growth last month.
Insights by Ground AI

149 Articles

Right

Bad news for those who plan to travel in winter, at least for those who do so in the cheapest way. The low-cost airline Ryanair has announced a cut in its flight schedule for the winter season, reducing its annual traffic target by two million passengers. This decision responds to ... Continue reading "Ryanair cuts flights in winter and alerts more expensive tickets in 2027 if energy costs skyrocket"

·Madrid, Spain
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Center

Ryanair reduces its winter schedule by about 10,000 flights due to the expensive kerosene. In the viewfinder there are several routes involving Italian airports. In the coming days...

·Rome, Italy
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Lean Right

Ryanair has recorded another passenger record in August, but the high prices of kerosene are forcing Europe’s leading low-cost airline to reduce its price...

·Madrid, Spain
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Since the beginning of the Iran war, airlines have been trying to pass on the higher fuel costs to customers, which works for the moment, but for how long?

·Munich, Germany
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Lean Left

A month from absolute record for the traffic volumes, followed by the announcement of a drastic operating braking in view of the cold season. Ryanair travels on a double track: on the one hand it celebrates the August numbers, on the other it launches the alarm on the costs of the energy, announcing a scissors to the winter programming of approximately 10 thousand flights compared to the plans [...] The article "Ready to cut 10 thousand winter f…

·Rome, Italy
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Merca2.es broke the news on Wednesday, September 2, 2026.
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