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business3h ago

Ryanair sees fares and costs under pressure due to Iran war

uk.finance.yahoo.com
Open in Uk.finance.yahoo.com
Highlights
  • Ryanair prepared for an Armageddon scenario, yet plans to run a full summer schedule and into the winter.
  • Ryanair hedged 80% of its summer fuel, suggesting prices may stay high but supplies should remain stable.
  • Despite stronger demand, Ryanair cautions higher fuel and other costs could push fare adjustments in the medium term.

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References

Ryanair ‘confident’ it will avoid jet fuel shortage but warns of future fare rises

Ryanair ‘confident’ it will avoid jet fuel shortage but warns of future fare rises

Ryanair has plans for 'armageddon' scenario as CFO warns weaker European carriers may not survive jet fuel crunch

Ryanair has plans for 'armageddon' scenario as CFO warns weaker European carriers may not survive jet fuel crunch

Ryanair admit preparing for jet fuel shortage 'Armageddon' and think airlines could go bust

Ryanair admit preparing for jet fuel shortage 'Armageddon' and think airlines could go bust

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