Travel Weekly Blog

So, Ryanair's fuel costs are about to soar as their hedged fuel price of $68 a barrel comes to an end next week. With oil current trading around the $100 a barrel mark, the low cost airline is going to get hit hard on fuel costs.

Ryanair chief executive Michael O'Leary is already taking action by cutting executive bonuses and has said he will have to cut costs elsewhere as the airline does not charge fuel surcharges.

Could this mean the end for some of of the carrier's less profitable routes?

Martin Couzins, nline editor