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Jewish News 24 · Nov 2, 2026

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The CEO for Ryanair expects European plane ticket prices may climb as much as 20% next year with the conflict in the Middle East ongoing. “So we’re facing 2027 where we have much higher oil prices... I think they’re going to get passed on in significantly higher airfares,” CEO Michael O’Leary said in a Monday interview on CNBC. The price of jet fuel has been extremely volatile after the U.S. and Israel launched attacks on Iran.

The CEO for Ryanair expects European plane ticket prices may climb as much as 20% next year with the conflict in the Middle East ongoing. “So we’re facing 2027 where we have much higher oil prices... I think they’re going to get passed on in significantly higher airfares,” CEO Michael O’Leary said in a Monday interview on CNBC. The price of jet fuel has been extremely volatile after the U.S. and Israel launched attacks on Iran.

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