‘Summer Should Be Fine’ as Europe’s Jet Fuel Fears Ease

‘Summer should be fine’ as Europe’s jet fuel fears ease

Airlines and governments are no longer concerned about airline disruption despite war affecting oil supplies.

Ryanair chief downplays Europe’s jet fuel supply concerns

A European airline chief said Monday he had “almost zero concerns” about a jet fuel shortage this summer, echoing oil companies that have downplayed dire warnings about supplies running out. Concerns of fuel shortages stemming from the Iran conflict had threatened to upend summer travel across the continent — the IEA warned in April that Europe had mere weeks of supply left — but Ryanair’s CEO suggested the crisis has been averted thanks to refi…

‘We have plenty of jet fuel’ says Ryanair boss

Ryanair CEO Michael O’Leary reassures passengers flying out of Liverpool John Lennon Airport on holiday this summer that it is not expecting to run out of jet fuel – but fares could rise in the medium term. Tony McDonough reports Ryanair chief executive Michael O’Leary says they have plenty of jet fuel   Ryanair chief executive Michael O’Leary has eased fears of jet fuel shortages due to the Middle East conflict saying the airline remains “well …

Ryanair Says Risk Of Fuel Shortages Receding

Ryanair chief executive Michael O'Leary said the risk of fuel shortages is receding. Today, Ryanair has warned of weakness in ticket prices during its peak summer months, but the risk of fuel shortages is receding as suppliers have adapted to the closure of the Strait of Hormuz. It has been revealed that Ryanair has made a record number of profits in the past fiscal year, which ended in March. "We now have almost zero concerns over fuel supplies…