Ryanair CEO Warns Airlines of Failure

Ryanair CEO Michael O’Leary predicts that several European airlines will struggle financially if jet fuel prices remain high. He attributes this to rising fuel costs, which have more than doubled since the attacks on Iran and the closure of the Strait of Hormuz. Airlines are taking measures to cut costs, but the situation remains critical.

Summarized from the sources above. Read the originals for the full story.