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Ryanair warns soaring jet fuel prices could push weaker European airlines toward collapse. Unhedged fuel costs have more than doubled to $150/bbl, forcing Ryanair to cut its annual passenger target from 216M to 214M. #JetFuel #Oil #Airlines

https://t.co/2wGRXS4bHs

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@OilandEnergy

Ryanair cut its winter traffic target from 216M to 214M passengers as soaring jet fuel prices bite. While 80% of its fuel is hedged at $67/bbl, the remaining 20% is exposed to prices near $140/bbl. #Oil #JetFuel #Airlines

https://t.co/aGIKGtWbJy

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@OilandEnergy

Jet2 booked a £388M balance sheet gain after locking in jet fuel prices before the Middle East conflict sent costs soaring. The airline said fuel hedges offset market volatility, even as geopolitical tensions delayed customer bookings. #Aviation #JetFuel #Energy

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