Ryanair's O'Leary Warns Jet Fuel Costs Could Stay High Until 2028

· Aviation · Ireland

Ryanair chief executive Michael O'Leary has warned that jet fuel costs could remain elevated until 2028, according to a report, meaning European air travellers should brace for higher fares well into the end of the decade. O'Leary's comments point to sustained pressure on airline operating costs, which carriers typically pass on to passengers through higher ticket prices. Ryanair is one of Europe's largest low-cost carriers and its fuel bill is a major component of its cost base, so its outlook carries weight for the wider industry. The warning suggests that the cost environment that has squeezed airline margins in recent years may not ease soon, affecting route economics, capacity planning and fare strategies across European aviation.

Why it matters：Persistently high fuel costs shape airline profitability and fare levels industry-wide, influencing route decisions and capacity planning across carriers globally.

Key points

  • Ryanair CEO Michael O'Leary warned jet fuel costs could stay high until 2028.
  • Higher fuel costs typically translate into higher passenger fares.
  • The outlook affects airline cost bases and fare strategies across Europe.

Sources (original reporting)

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