Ryanair launches cost-cutting plan to offset higher fuel costs

[天空新闻阿语] Ryanair Holdings, the low-cost airline, plans to implement a broad cost-cutting plan across its operations to help offset a 2 billion euro ($2.2 billion) increase in fuel expenses next year, according to Sky News Arabia. The report said the move comes as the ongoing conflict in the Middle East continues to push oil prices higher and weighs on consumers' willingness to book flights.