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Ryanair CEO Says European Airfares Could Rise 20 Percent Next Year

Ryanair CEO Michael O'Leary expects higher airfares in Europe next year due to rising fuel costs linked to the Iran war. The airline has hedged part of its jet fuel, but the remaining requirement remains exposed to market fluctuations.

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Ryanair CEO Michael O'Leary expects higher airfares in Europe next year due to rising fuel costs linked to the Iran war. The airline has hedged part of its jet fuel, but the remaining requirement remains exposed to market fluctuations.

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