# Ryanair boss warns two rival airlines 'to be bankrupt by winter' in horror jet fuel crisis.

*business · news · 2026-04-27 · Daily Express*

## Key points

- Michael O'Leary warns Wizz Air and airBaltic could go bankrupt by next winter.
- Ryanair's fuel costs have risen by £50 million in a single month.
- O'Leary directly links airline bankruptcy risk to the ongoing jet fuel crisis and blockades.
- Current fuel crisis is specifically tied to the conflict affecting the Strait of Hormuz.

**Companies:** Ryanair, Wizz Air, airBaltic
**Countries:** Ireland, United States, Iran

[Read the full story on Daily Express](https://www.express.co.uk/travel/articles/2198766/ryanair-boss-warns-two-rival)

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