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Ryanair cuts winter capacity as jet-fuel prices near $140

Ryanair is cancelling flights and reducing winter capacity to limit exposure to unhedged jet-fuel prices of $140 this winter.

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By Jules RimmerThe repeated claims of an imminent peace treaty with Iran leave oil markets skeptical of ceasefireRyanair is cancelling flights to save money as rising jet fuel prices biteRyanair on Wednesday reduced its winter capacity to mitigate its exposure to unhedged jet fuel prices of $140 pe…