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Ryanair Boss Predicts Bankruptcy of European Competitor. He Vehemently Rejects the Prediction

Summary by Novinky.cz
Some European airlines may not survive the winter if oil prices continue to rise, Ryanair CEO Michael O'Leary has warned, naming Hungarian low-cost carrier Wizz Air and Latvian national carrier airBaltic. Wizz Air has strongly denied this, and airBaltic has not responded.

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Novinky.czNovinky.cz
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Ryanair Boss Predicts Bankruptcy of European Competitor. He Vehemently Rejects the Prediction

Some European airlines may not survive the winter if oil prices continue to rise, Ryanair CEO Michael O'Leary has warned, naming Hungarian low-cost carrier Wizz Air and Latvian national carrier airBaltic. Wizz Air has strongly denied this, and airBaltic has not responded.

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Novinky.cz broke the news on Sunday, May 3, 2026.
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