00:00Ryanair reported a net profit of 2.15 billion euros for the period between April and September
00:082026, the first half of its financial year, ending March 2027. The result was 15% below
00:17the same period last year. This came as unedged jet fuel prices doubled while fares also fell,
00:24although passenger numbers increased. The airline, one of Europe's biggest, said it is
00:30reviewing cost as it prepares for a further rise in its fuel bill next year. According to the Irish
00:37airline, the Middle East conflict had made consumers more hesitant and led them to book
00:44later as operating costs increased by 10% to 7.69 billion euros. Ryanair has warned its fuel bill
00:53could rise by around 2 billion euros in the financial year, ending March 2028. According
01:00to CEO Michael O'Leary, unless there is a swift resolution of the Middle East conflict,
01:06quote, we expect jet fuel prices to remain elevated well into 2027. O'Leary warned that cheaper
01:14fuel hedges would expire ahead of summer 2027, leaving European airlines facing much higher bills.
01:21his own, come up with his own internal.
