Ryanair chief executive Michael O'Leary forecast a record rise in European air fares next year of as much as 20%, saying many carriers are not hedged against jet fuel costs pushed higher by the Middle East conflict. The Guardian
the GuardianEuropean air fares could rise by as much as 20% in 2027, Ryanair boss predictsConflict in Middle East is pushing jet fuel costs higher and many carriers are not hedged against such increases, Michael O’Leary says
O'Leary also expects bankruptcies and takeovers among airlines: who is most exposed?
