Ryanair CEO Says Jet Fuel Supply Risks Are Receding
Ryanair CEO Michael O'Leary says the risk of a jet fuel shortage in Europe is receding. Suppliers see no supply disruption risks until the end of June.
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RYANAIR HOLDINGS PLC CEO Michael O'Leary said jet fuel supply risks in Europe are receding as suppliers extend stability guarantees through June. The updated outlook pushes the safety window one month further than previous guidance from a month ago, which had only guaranteed supply through the end of May.
### Suppliers Extend Stability Window Through June Michael O'Leary told Reuters on Tuesday that fuel companies now see no risk of supply disruption until the end of June. This assessment follows a conference call on Monday between the airline and its European fuel providers.
