economy
Ryanair’s O’Leary warns European airlines could fail if jet fuel price doesn't fall
Ryanair's boss warned that European airlines could see "real failures" if jet fuel prices remain high, having "mushroomed" since the Iran war began.
TL;DR
- Ryanair's boss warns of potential "real failures" for European airlines.
- The primary cause cited is the "mushrooming" cost of jet fuel.
- Jet fuel prices have seen a significant rise since the beginning of the Iran war.