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Ryanair Reviews Costs as Second-Quarter Net Profit Falls 6%

The Irish carrier is also weighing temporary pay freezes as higher jet fuel prices pressure margins.

A fuel hose connects an airport tanker to a parked passenger aircraft / TokenPost.ai
A fuel hose connects an airport tanker to a parked passenger aircraft / TokenPost.ai

Ryanair is reviewing costs across the company and weighing temporary pay freezes as higher jet fuel prices squeeze margins after second-quarter net profit declined 6%.

The Irish airline is Europe's largest by passenger numbers.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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