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Ryanair Boss Warns of Summer Flight Cancellations and Says 'Blame Trump'
Michael O'Leary said Europe could face jet fuel shortages and 10% flight cuts if the conflict continues, with summer route suspensions possible.
- On Thursday, Ryanair CEO Michael O'Leary warned that Middle East tensions may force the airline to cancel 5% to 10% of summer flights if jet fuel shortages persist through May, June, and July.
- The conflict involving Iran has largely closed the Strait of Hormuz, a critical shipping route through which a fifth of the world's oil travels, creating worldwide fuel supply uncertainty and cost pressures.
- While Ryanair has hedged 80% of its fuel at USD 67 per barrel, the remaining 20% costs roughly USD 150, forcing UK carrier Skybus to cancel all services from Friday due to insurmountable expenses.
- O'Leary advised travelers to book summer flights promptly to avoid escalating costs, suggesting they blame Trump for potential cancellations rather than the airline as industry pressures mount.
- Travel uncertainty remains high for the summer season, particularly for routes in Europe, as experts monitor whether geopolitical conditions improve in the coming weeks to prevent further supply chain disruptions.
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Could Budapest flights be at risk? Ryanair warns of summer cancellations and cites Hungary as a good example
Summer travel plans across Europe could soon face major disruption, with Ryanair warning that ongoing tensions in the Middle East may trigger jet fuel shortages and force airlines to suspend flights during the peak holiday season.Continue reading
Ryanair summer cancellations: Airline boss warns of flight chaos as he admits carrier will 'have to' axe journeys
Ryanair's chief executive Michael O'Leary has warned that British holidaymakers could face summer flight cancellations as the conflict in Iran triggers
·London, United Kingdom
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Coverage Details
Total News Sources11
Leaning Left2Leaning Right4Center1Last UpdatedBias Distribution57% Right
Bias Distribution
- 57% of the sources lean Right
57% Right
L 29%
14%
R 57%
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