Europe Airline Industry & Market Trends Geopolitical Developments & Conflict Impact Airlines

Ryanair CEO warns Iran war could keep European jet fuel costs high into 2028, pushing fares higher

Michael O’Leary says European airlines face an enormous cost challenge in 2027 as the Iran war drives jet fuel prices higher, with the pressure potentially lasting into 2028. He sees no threat of a European fuel shortage before summer 2027, distinguishing a prolonged price shock from a supply shortfall.

Discovered 2026-10-08T06:04:49.477933-07:00 | 2026-10-08T06:04:49.477933-07:00

Briefing

What Hype is tracking

O’Leary’s warning points to elevated fuel costs lasting beyond 2027, a material input to European airlines’ pricing and capacity decisions.
He expects no European jet fuel shortage before summer 2027, but the cost pressure could still translate into higher fares for travelers.

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theaviationhub.co.uk Aviation Week AeroTime aex.ru Reuters