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Ryanair CEO warns Iran war could keep European jet fuel costs elevated into 2028

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Ryanair Group CEO Michael O’Leary said European airlines could face more than another year of elevated fuel costs and higher fares because of the Iran war. His warning is the first from an executive that the conflict’s effects on fuel prices could extend into 2028.

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 that fuel-cost pressure could continue into 2028 extends the potential planning horizon for European carriers’ fuel spending and fare decisions.
  • The prospect of higher fares signals that airlines may pass at least some of the fuel-cost burden on to passengers.

Reported By

aex.ru Reuters
Sources Tracked
2
First Seen
2026-10-08T06:04:49.477933-07:00
Latest Update
2026-10-08T06:29:54.030708-07:00
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Aviation

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