Cost of Living

Air travel prices could rise by up to 20% in 2027, warns Ryanair CEO

Ryanair CEO Michael O'Leary expects airfares across Europe to increase by 10% to 20% in 2027, driven primarily by higher oil and jet fuel prices. The airline reported a 15% drop in profits for the first half of the fiscal year due to these rising energy costs, which are also being exacerbated by ongoing instability in the Middle East.

Why it matters

If you live in Portugal and travel frequently, you should anticipate significantly higher flight costs for 2027 as airlines pass on rising fuel expenses to consumers.

Diário de Notícias· 2h agoRead original ↗

Useful?

This update is from Bica

Your quick shot of what's changing in Portugal and affecting your status, your home, your money, and whatever might disrupt your day. Short and clear updates, gathered from Portuguese sources.

It's free, with no signup and no app to download.

Read today’s briefing

More on Cost of Living

Cost of Living

Vale Eficiência: 28,000 families initially excluded will finally receive support

The government is reopening access to the 'Vale Eficiência' energy-efficiency vouchers for 28,000 households that were previously ineligible. The online application platform opens in late November 2026, and the requirement for a technical facilitator has been removed from the process.

Público· 2h agoRead original ↗

Useful?

Cost of Living

Efficient price of gasoline falls to 2.058 euros and diesel rises to 2.289 euros

The energy regulator ERSE set the new efficient price for 95-octane gasoline at 2.058 euros per liter (a 1% decrease) and simple diesel at 2.289 euros per liter (a 1.2% increase), effective for the week starting Monday, 2026-11-02. These prices reflect international market trends, logistics, taxes, and biofuels integration costs.

Correio da Manhã· 2h agoRead original ↗

Useful?

Cost of Living

Oil price drops 7% on hopes of reopening the Strait of Hormuz

Global Brent crude oil prices fell 7.63% to 104.78 dollars per barrel by 16:40 on 2 November, following reports of ongoing negotiations in Qatar between Iran and the US. While a potential reopening of the Strait of Hormuz could increase oil supply and reduce costs for consumers, current market movements are based on speculation and no concrete results have been confirmed.

Diário de Notícias· 2h agoRead original ↗

Useful?

Practical alerts

See all →

Media-reported alerts

Trains return to service on the Western Line between Torres Vedras and Caldas da Rainha on November 15 · Observador · 5h ago
Strike closes hundreds of schools · RTP · 6h ago
With winter approaching, ministry opens 150 SNS vacancies for exceptional hiring of doctors · Público · 8h ago
Power cuts planned across 11 areas of Portugal · The Portugal News · 8h ago
"Zero Rate at the Wheel" alcohol consumption campaign on the road starting Tuesday · Correio da Manhã · 11h ago
US Embassy issues security alert over housing protests in Portugal · Correio da Manhã · 22h ago

See all live official alerts

About Bica

Your quick shot of what's changing in Portugal and affecting your status, your home, your money, and whatever might disrupt your day. Short and clear updates, gathered from Portuguese sources.

It's free, with no signup and no app to download.

More about Bica →

Feedback and corrections are welcome: hello@bica.now