NEWS FLASH
Ryanair CEO Michael O’Leary has warned that if the crisis in the Strait of Hormuz persists, the airline may cancel between 5% and 10% of its flights in May, June and July. He noted that potential jet fuel shortages across Europe could force the carrier to make operational decisions on an airport-by-airport basis, depending on fuel availability.
According to Mr O’Leary, the challenge extends beyond rising fuel prices to include the physical availability of jet fuel at certain locations. Europe’s reliance on Gulf-sourced supplies is placing additional strain on the market, with Ryanair closely monitoring its fuel suppliers on a daily basis. The airline also expects ticket prices to increase year-on-year over the peak summer travel period.
Seems FR is not immune either.
ReplyDeleteFR seems to be preparing for cleanup of its bases with 80% of hedged jet fuel. If crisis continues, we can expect immense Ryanair profits for 2026 and 2027.
ReplyDelete80% hedged fuel means nada if you can't take it at certain points of your network.
DeleteThe longer this crisis continues Ryanair will actually come off worse then other Airlines.
ReplyDeleteThey will not since they have the fuel, aircraft's have big enough fuel tanks so expect them to fly full
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