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Stock impact report

Iran war fuel hike adds $100 to long-haul flight cost, study says [Yahoo! Finance Canada]

Ryanair Holdings plc - American Depositary Shares, each representing five Ordinary Shares (RYAAY) 
US:NASDAQ Investor Relations: investor.ryanair.com
than $100 to the price of long-haul ?flights from Europe, a cost likely to trigger higher ticket prices, campaign group Transport & ?Environment (T&E) said. The rise in jet fuel prices has increased the average fuel cost by 88 euros ($104) for each passenger ?on long-haul flights leaving Europe and 29 euros on flights within Europe, T&E said. Its analysis compared prices as of April 16, with those just before the U.S. and Israeli war with Iran began on February 28. Jet fuel for a flight from Barcelona to Berlin would be 26 euros more ?expensive per passenger, while a long-haul ?trip from Paris to New York would cost 129 euros more in fuel, T&E estimated in its analysis published on Tuesday. European airlines are preparing for ?a challenging spring and summer, with jet fuel prices having risen to well over $100 a barrel since the Iran war began and concern growing that shortages could lead to flight cancellations. The European Union is ?set ?to respond with guidelines on mana Show less Read more
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