Ryanair warns soaring jet fuel prices could topple rival airlines
3 outlets - including Oilprice, Yahoo and Cityam - are covering this story. Ryanair, the biggest low-fare airline in Europe, on Wednesday lowered its winter traffic target to reduce exposure to high unhedged oil prices, and warned the some of its less well-hedged competitors could struggle to survive this winter am…
Covered by 3 outlets
All coverage · 3 articles
Ryanair Warns Some Airlines Could Struggle with Jet Fuel Price Spike
Ryanair, the biggest low-fare airline in Europe, on Wednesday lowered its winter traffic target to reduce exposure to high unhedged oil prices, and warned the some of its less well-hedged competitors could struggle to survive this winter am…
Ryanair Warns Some Airlines Could Struggle with Jet Fuel Price Spike
Ryanair warns soaring jet fuel prices could topple rival airlines
Ryanair has warned that the price of jet fuel could soar next summer, threatening some of its European competitors with collapse. The budget airline said it has taken emergency measures to protect itself from the higher jet fuel prices caus…