Ryanair says it does not expect any disruption to jet fuel supplies in Europe this summer despite ongoing tensions in the Middle East.
The airline has warned that higher oil prices could still squeeze profits over the coming year.
Speaking at a press conference, Ryanair chief executive Michael O’Leary said the airline currently plans to operate its full summer schedule without cancellations linked to fuel shortages.
No expected summer fuel disruption
O’Leary had already said earlier this month that fuel supplies appeared secure through the end of June.
He has now extended that confidence across the full summer season, provided the situation in the Middle East does not worsen significantly.
That will come as welcome news for millions of travellers heading to holiday destinations such as Spain, Portugal and the wider Mediterranean during the peak travel months.
Higher oil prices remain a concern
While fuel supplies are not currently seen as a problem, rising oil prices remain firmly on Ryanair’s radar.
“Our profits may well be under a bit of pressure for the next 12 months if oil prices remain high for longer,” O’Leary admitted.
The airline’s current financial year runs until March 2027.
Cheaper fares to encourage bookings
At the same time, Ryanair says it is continuing to trim some ticket prices in an effort to encourage bookings.
According to O’Leary, fares are being reduced by “one to two percentage points” during June, July and August as travellers remain cautious about booking holidays too far in advance.
Despite this, he said he does not expect a major airline fare war across Europe this summer.
Travellers still hesitant
O’Leary also pointed to continued uncertainty among holidaymakers.
While last-minute bookings remain strong, many travellers still appear reluctant to commit to long-haul trips months ahead because of geopolitical tensions and wider uncertainty around international travel.
Some passengers, he said, are increasingly choosing closer destinations such as Spain or Portugal rather than more distant holidays.
