Financial TimesPeter Campbell

Ryanair CEO Michael O’Leary seeks contract extension as jet-fuel price shock prompts guidance suspension

Ryanair has reopened talks with CEO Michael O’Leary over an extension of his employment contract as he moves toward four decades in the role. The carrier is also suspending guidance after a surge in jet fuel prices, despite reporting annual profits that rose by a third.

ch-aviationHilka Birns

Nigeria's Pioneer Airlines secures AOC for unscheduled ops

By ch-aviation: Pioneer Airlines (Nigeria) (Bayelsa) secured its air operator’s certificate (AOC) for unscheduled flights from the Nigerian Civil Aviation Authority on May 13 and is now applying for approval to launch scheduled passenger operations.

2026-05-18T03:53:44.718008-07:00
NEW
ch-aviationHilka Birns

Gov't allocates $109mn for Air Tanzania boost

By ch-aviation: The Tanzanian government has allocated TZS283.05 billion shillings (USD109 million) to support expansion and operational improvements at Air Tanzania (TC, Dar es Salaam) in the 2025/26 transport budget, as it seeks to accelerate the state carrier's fleet growth and infrastructure development.

2026-05-18T05:24:32.225590-07:00
BloombergKate Duffy

Ryanair Warns of Rising Costs From Fuel Prices, Crew Wages

By Bloomberg: Ryanair Holdings Plc warned of rising costs this year if unhedged jet fuel prices remain at current levels, and as the budget carrier faces higher bills for fuel, crew and aircraft maintenance.

2026-05-17T22:25:25.355775-07:00