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Hacker News AI· beardyw·· 13 days agoAI score30

Ryanair consider pay freezes, AI and reducing crew on flights as fuel costs soar

Ryanair consider pay freezes, AI and reducing crew on flights as fuel costs soar

AI summary

Ryanair is reviewing cost-cutting measures including possible temporary pay freezes, lower crew ratios and increased use of AI to offset an estimated €2bn rise in jet fuel costs in its next financial year, driven by the Middle East conflict. The airline expects European short-haul fares to rise materially, with European airlines raising ticket prices by up to 20%, and reported a post-tax profit of €1.61bn for the quarter ending in September, down 6% year on year, as passenger numbers grew 5% to 64.5 million.

Source: Hacker News AI · theguardian.com