The Local Italy

Ryanair said Wednesday that it would reduce its winter schedule in Europe as the Irish no-frills airline and other carriers come up against higher fuel costs caused by the US-Iran war.

Ryanair to cut winter flights in Europe to save on fuel costs

MarketWatch

Ryanair on Wednesday reduced its winter capacity to mitigate its exposure to unhedged jet fuel prices of $140 per barrel, illustrating a major economic impact of the energy crisis.