What is Ryanair's current stance on jet fuel supply security for the summer, and what is its main concern instead?

Ryanair has 'almost zero concerns' about its jet fuel supplies this summer, as Europe has secured alternative sources from West Africa, Norway, and the Americas; however, its main concern is not supply shortages but rising fuel prices, which could increase unit costs by about 5% if sustained.

How has geopolitical uncertainty—particularly the Iran war and Strait of Hormuz restrictions—affected Ryanair's summer fare strategy and demand patterns?

Geopolitical uncertainty has led to lower and later summer bookings, causing fares to fall recently and prompting Ryanair to revise its summer fare outlook from a modest increase to 'broadly flat' year-on-year; while demand remains strong overall, the shift toward closer-in bookings means holidaymakers who delay booking may face higher fares, and the airline expects fares to decline by a 'mid-single digit percentage' in the quarter ending June.