Ryanair CEO Says European Airlines Will Fail If Jet Fuel Prices Remain Sky-High This Summer

Fuente: International Business Times

Ryanair CEO Michael O’Leary said European airlines will fail if the price of jet fuel remains at current levels. Ryanair CEO Michael O'Leary said European airlines will fail if the price of jet fuel remains at current levels. Speaking to CNBC, O'Leary said his airline is protected because it had hedged 80% of its fuel but noted that others could face "real failures.