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Ryanair (RYA ID) CEO says that if oil prices remain higher into the next year, then he believes that there will be a "significant" uplift in airfares; have stopped hedging oil prices in recent weeks

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Ryanair's CEO expects significant airfare increases if high oil prices persist into next year, having paused fuel hedging while ruling out further cuts to the winter schedule.

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H2 pricing is "entirely up in the air". Does not think "we will cut the winter schedule any more".

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RYAAYRyanair Holdings plc American Depositary Shares$54.29Current price

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