As the jet fuel crisis continues, many airlines have felt the effects.
There have been raised ticket prices, and flight cancellations around the world – and some airlines have even been forced to close down completely.
Despite it all, Ryanair has been consistently confident about its supplies.
So confident are CEO Michael O’Leary and his staff, in fact, that the budget airline’s chief financial officer, Neil Sorahan, recently called out ‘weaker carriers’.
He told City AM: ‘The recent spike in fuel is putting a lot of weaker carriers into a very precarious situation. We’ve seen in the US Spirit go out of business in the recent past,’
To provide well-rounded coverage and a breadth of insight across various events, we rely on contributions from several staff writers, each bringing their own area of expertise to our publication.
