Ryanair’s O’Leary warns European airlines could fail if jet fuel price doesn't fall
- Posted on April 28, 2026
- By CNBC
- 0 Views
- 1 min read
Ryanair's Chief Executive has raised alarm bells regarding the financial sustainability of European carriers, emphasizing that escalating jet fuel costs pose a significant threat to airline viability. Following the geopolitical tensions in the Iran region, petroleum prices have surged dramatically, compressing already-thin profit margins. Without a reversal in fuel pricing trends, industry experts warn that multiple operators could face insolvency and potential market exit within the coming months.
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