Ryanair has issued a warning that jet fuel prices could rise sharply next summer, potentially jeopardizing the operations of some European competitors. The budget airline attributed the anticipated increase to ongoing geopolitical tensions related to the conflict in Iran.

In response, the Dublin-based carrier has implemented a series of precautionary measures designed to mitigate the impact of higher fuel costs. Among these steps, Ryanair has reduced its passenger target for 2026 slightly, from 216 million to 214 million, reflecting a more cautious approach to growth amid cost pressures.

The airline has also secured fixed-price contracts covering approximately 80% of its fuel requirements for the coming year, aiming to shield itself from volatile market rates. Additionally, Ryanair plans to curtail certain flights to limit exposure to fluctuating fuel prices that must be purchased on the spot market.

These adjustments are expected to reduce the carrier’s projected winter losses by between €70 million and €100 million. Despite these challenges, Ryanair remains on track to increase its summer passenger traffic by over 5%, reaching an estimated 145 million travelers in 2026.

Ryanair has highlighted that some of its competitors, which have less comprehensive fuel hedging strategies, may struggle to maintain their current flight capacity or face operational difficulties this winter due to the anticipated surge in fuel expenses. The situation underscores the ongoing financial pressures confronting airlines across Europe as geopolitical developments continue to influence energy markets.