Economics

Ryanair profits drop as Iran war puts off passengers and lifts fuel costs

The Irish airline said oil prices had increased costs meanwhile Brent crude surpassed $90.

Ryanair's profitability has taken a hit, with a significant drop in earnings attributed to the ongoing conflict in the Middle East, which has deterred travelers and driven up the cost of aviation fuel.

ryanair profitsmiddle east conflictairline industrypassenger hesitancygeopolitical impacttravel booking trendsfuel costs