12 articles
Ryanair CEO Michael O'Leary forecasts jet fuel prices will remain 50% higher for the next 12-18 months due to the Iran war, prompting European airlines to cut capacity despite hedging efforts.
Ryanair warns European air fares may surge if oil prices stay high, cutting winter passenger targets while hedging 80% of jet fuel to manage costs amid geopolitical tensions.
Ryanair reduced its 2027 passenger forecast to 214 million and cut winter schedules due to soaring oil prices from Middle East conflict, aiming to limit losses while warning competitors face fare pres
Ryanair lowered its 2027 passenger target and profit outlook citing rising jet fuel costs driven by Middle East conflicts. To mitigate risks from unhedged fuel prices near $140 per barrel, the carrier
The Iran war-driven surge in jet fuel prices to $160 per barrel highlights financial disparities among airlines. Hedged carriers like Ryanair offset costs, while others like Spirit Airlines faced oper
Ryanair confirms secure jet fuel supplies amid Middle East tensions but warns of potential fare hikes due to price volatility. The carrier has hedged 80% of its fuel needs through 2027 at approximatel
Ryanair CEO warns of European airline failures due to jet fuel price spikes caused by Iran war and Strait of Hormuz restrictions, highlighting financial risks for carriers like Wizz Air and Air Baltic
Ryanair reported record profits but warned summer fare growth may stall due to geopolitical tensions, while jet fuel supply risks recede as suppliers adapt to Gulf oil disruptions.
Ryanair forecasts mid-single digit unit cost increases for fiscal 2027 driven by unhedged jet fuel price spikes and higher crew wages amid Middle East conflict volatility.
Ryanair CEO Michael O'Leary warned that sustained high oil prices could pressure profits through March 2027, prompting fare reductions to stimulate demand despite stable jet fuel supplies.
Ryanair CEO Michael O'Leary reported that jet fuel shortage risks in Europe are diminishing, with suppliers confirming no disruptions expected until the end of June despite Middle East tensions.
Ryanair warns of potential aviation fuel shortages in Europe due to geopolitical tensions, while China's State Grid increased fixed asset investment by 37% in Q1. Global commodity markets showed volat
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