Ryanair warns European ticket prices could rise up to 20% in 2027 due to higher fuel costs. The airline projects a $2.2 billion (€2 billion) increase in annual fuel expenses and is looking at employee pay freezes, reduced crew ratios, and AI to offset costs.
Key points
Fare rise: European airfares could increase by as much as 20% in 2027.
Fuel cost: Expected annual fuel cost rise of about $2.2 billion (€2 billion) for the fiscal year ending March 2028.
Sources
Elon Musk may acquire Boost Mobile, seeks new entry route
Elon Musk is exploring a deal for SpaceX to acquire Boost Mobile or access its network after major carriers rejected his proposal. SpaceX recently spent about $8 billion on low-band cellular spectrum and Boost Mobile has over 7 million subscribers.
Key points
SpaceX paid roughly $8 billion for a nationwide low-band cellular spectrum portfolio.
Boost Mobile currently has more than 7 million subscribers but has lost about 2 million since 2020.
Sources
Germany says iPhones may be hacked with spyware
Germany says iPhones may be hacked with spyware, Apple warned German lawmakers and filmmaker of possible attacks. Apple’s alerts were sent to users in 99 countries.
Key points
Apple sent threat notifications to German lawmakers and a filmmaker.
Apple’s latest batch of threat notifications went out to users in 99 countries.