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...

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

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