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 major issue is getting fuel....
ReplyDeleteThis weekend AVTUR deliveries were restricted to 2000 lt uplift for flights of less than 3 hours.....
Problem being that it's the end of the winter eureopean stocks are low. And replenishment is uncertain.
There is a solution.....lift the phone, take a big breath, alloooo Mister Putin? Hmmmm we would like to buy fuel for delivery via pipes....
But Kaja and Ursula will get mad....
^^^ restriction at some italian airports
DeleteYes, because mister putin is a such an altruist and wishes to sell oil well below the market price.
DeleteKaja and Ursula are not random people. Most Europeans are entirely against the nonsense you just suggested. Not to mention that it wouldn't even work. You clearly don't even understand what product is sourced from Kuwait and what product Russia can offer.
DeleteThey clearly just like being rude about women in the EU too.
DeleteThe longer this crisis continues Ryanair will actually come off worse then other Airlines.
ReplyDelete