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Ryanair is slashing its winter schedule to dodge soaring jet fuel costs

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Ryanair is slashing its winter schedule to dodge soaring jet fuel costs

The budget carrier trimmed its fiscal 2027 passenger target by 2 million, saying the move could cut winter losses by up to €100 million

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Ryanair cut its fiscal 2027 traffic target on Wednesday, reducing its passenger goal to 214 million from 216 million to limit its exposure to unhedged jet fuel during the winter season.

The Dublin-based carrier said it planned to hold winter capacity steady relative to the prior year across the November-to-March period, which it characterized as a loss-making stretch. The company said the move could reduce its winter losses by between €70 million and €100 million ($81.2........

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