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Michael O'Leary says Iran war has cost Ryanair an extra $50 million (€42.6 million) in fuel costs in April alone.
Ryanair's CEO claims two or three European airlines could go bankrupt by late 2024 due to high oil prices.
KEY POINTS
- Ryanair has incurred an additional $50 million in fuel costs in April 2024 alone.
- Latvia's parliament approved a €30 million short-term loan to airBaltic, to be repaid by August 31, 2024.
- Wizz Air maintains it is strongly hedged against fuel prices and disputes bankruptcy rumors.
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