# Ryanair CEO Michael O'Leary claims Wizz Air and airBaltic could run out of cash by the end of the year.

*business · news · 2026-04-27 · Birmingham Live*

## Key points

- Ryanair CEO warns Wizz Air and airBaltic could run out of cash by year end.
- O'Leary claims Wizz Air and airBaltic have not locked in lower fuel prices.
- Wizz Air disputes insolvency claims, citing strong liquidity and ahead-of-industry fuel hedging.
- According to O’Leary, ongoing Strait of Hormuz issues could further worsen jet fuel prices.

**Companies:** Ryanair, Wizz Air, airBaltic
**Countries:** Ireland, Latvia

[Read the full story on Birmingham Live](https://www.birminghammail.co.uk/travel/ryanair-warns-two-major-airlines-33846010)

---

Canonical: https://newsio.io/n/aea469f0-7db3-4f72-9287-84d6e9486ecf/ryanair-ceo-michael-oleary-claims-wizz-air-and-airbaltic-could-run-out-of-cash-b
Summarized by Newsio from Birmingham Live. https://newsio.io/how-it-works