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Ryanair Warns of Summer Flight Cuts Amid Fuel Crisis
Summary by thefinancialanalyst.net
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Ryanair Warns of Summer Flight Cuts Amid Fuel Crisis
Ryanair’s Michael O’Leary has sounded a warning: the airline may need to cut flights this summer, citing an “unknown scenario” driven by jet fuel shortages and surging costs. With fuel prices hitting $195 per barrel in March—nearly double pre-war levels—budget carriers like Ryanair and regional operators such as Skybus are feeling the strain. Skybus has already scrapped its Cornwall-to-London… Source
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