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Why is jet fuel so expensive?

Jet fuel prices are influenced by global oil markets, geopolitical events, and supply and demand. Ryanair's CEO warned these energy expenses will stay high next year. For UK holidaymakers, this means airlines face ongoing pressure, potentially leading to higher ticket prices or fewer routes as carriers try to absorb or pass on these increased operational costs. It's a key driver of airfare inflation.

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Ryanair freezing staff pay and using AI to offset higher jet fuel costs

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