{"id":371207,"date":"2026-04-02T13:02:16","date_gmt":"2026-04-02T13:02:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/371207\/"},"modified":"2026-04-02T13:02:16","modified_gmt":"2026-04-02T13:02:16","slug":"ryanair-ceo-warns-up-to-25-of-its-fuel-supply-threatened-by-iran-war","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/371207\/","title":{"rendered":"Ryanair CEO Warns up to 25% of Its Fuel Supply Threatened by Iran War"},"content":{"rendered":"<p>The boss of Europe&#8217;s biggest airline has warned that <a target=\"_self\" href=\"https:\/\/www.businessinsider.com\/airlines-raise-prices-cancel-flights-due-to-fuel-costs-2026-3\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"nofollow noopener\">jet fuel supplies<\/a> could be at risk if the Iran war continues for another month.<\/p>\n<p>\n                          Loading audio narration&#8230;\n                        <\/p>\n<p>&#8220;We don&#8217;t expect any disruption until early May, but if the war continues, we do run the risk of supply disruptions in Europe in May and June,&#8221; <a target=\"_self\" href=\"https:\/\/www.businessinsider.com\/elon-musk-ryanair-pr-marketing-strategy-michael-oleary-history-2026-1\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"nofollow noopener\">Ryanair CEO Michael O&#8217;Leary<\/a> told Sky News on Wednesday.<\/p>\n<p>He added that 10% to 25% of Ryanair&#8217;s supplies could be at risk through May and June. &#8220;So like everyone else in this industry, we hope the war ends sooner rather than later.&#8221;<\/p>\n<p>Jet fuel prices have been more volatile than oil since the war started in late February. While Brent crude is up about 50% over the past month, jet fuel has doubled, according to statistics shared by the International Air Transport Association.<\/p>\n<p>Ryanair and its subsidiaries make up Europe&#8217;s biggest airline group by passenger numbers, carrying over 200 million last year.<\/p>\n<p>It has suspended its 12 flights to Jordan due to the conflict, O&#8217;Leary said, but jet fuel is the more immediate concern.<\/p>\n<p>While the budget airline has hedged about 80% of its fuel costs until next March, that leaves about 20% exposed to price rises, the CEO told Sky News.<\/p>\n<p>However, O&#8217;Leary was not concerned about canceling many flights.<\/p>\n<p>&#8220;Most of Europe takes most of its jet fuel supplies from America, western Africa, and Norway,&#8221; he told Sky News.<\/p>\n<p>Although he added that some suppliers are more dependent on the Middle East, too.<\/p>\n<p>&#8220;We think our supplies are secure and we intend to continue to grow through this crisis,&#8221; O&#8217;Leary said.<\/p>\n<p>Ryanair has also benefited from more Europeans looking to travel closer to home over the Easter break.<\/p>\n<p>&#8220;Lots of families who would have been going either to the Middle East or <a target=\"_self\" href=\"https:\/\/www.businessinsider.com\/ryanair-ceo-flights-bookings-europe-booming-since-iran-conflict-2026-3\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"nofollow noopener\">flying over the Middle East<\/a> to go to Asia have all rebooked, and they&#8217;re going to Italy, Portugal, Spain, Greece,&#8221; O&#8217;Leary told Virgin Media News on Wednesday.<\/p>\n<p>&#8220;They&#8217;re all certainly staying much closer to home over the Easter school holiday,&#8221; he added. &#8220;People are not yet changing their summer holiday plans, but that&#8217;s likely to happen if this war continues.&#8221;<\/p>\n<p>O&#8217;Leary also recommended that people <a target=\"_self\" href=\"https:\/\/www.businessinsider.com\/when-to-book-summer-flights-rising-oil-prices-experts-2026-3\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"nofollow noopener\">book their flights<\/a> as soon as possible, due to the risk that airfares continue to rise.<\/p>\n","protected":false},"excerpt":{"rendered":"The boss of Europe&#8217;s biggest airline has warned that jet fuel supplies could be at risk if the&hellip;\n","protected":false},"author":2,"featured_media":371208,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[42,43,40,38,41,39],"class_list":{"0":"post-371207","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-headlines","8":"tag-headlines","9":"tag-news","10":"tag-top-news","11":"tag-top-stories","12":"tag-topnews","13":"tag-topstories"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/371207","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=371207"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/371207\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/371208"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=371207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=371207"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=371207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}