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Ryanair resorts to AI cost-cutting to swallow higher jet fuel costs

4 outlets Finance

2 left · 1 center · 1 right

Reached 1% of the left-leaning outlets we follow, under 1% of center and under 1% of right-leaning. Why this matters

How each side headlined it

Left-leaning 2

Only this side used: europeanmuchsignificantlyimplementing

The Guardian left
Airline also weighs up increasing use of AI as part of cost-cutting measures to offset impact of Iran war Ryanair is considering cost-cutting measures including implementing pay freezes, reducing crew on flights and increasing the use of AI to offset soaring fuel costs because of the Middle East conflict. Europe’s biggest low-cost carrier said it expects European airlines to raise their ticket prices by as much as 20%, as it anticipates its jet fuel costs will increase by about €2bn (£1.6bn) in
CNBC left
Ryanair CEO Michael O’Leary told CNBC Monday that European airfares are set to rise “significantly,” growing by as much as 20% next year as fuel hedges expire. Read more: cnb.cx/4e7Gm18

Center 1

Only this side used: willingnesscontinuesholdingsconsumer

Bloomberg center
Ryanair Holdings Plc will embark on a cost purge across its airline to help offset a €2 billion ($2.2 billion) increase in fuel charges next year, as the Middle East conflict continues to drive up oil prices and weighs on consumer willingness to book flights.

Right-leaning 1

Only this side used: resortsswallowhigher

City AM right
Ryanair resorts to AI cost-cutting to swallow higher jet fuel costs