Urgent.News

What's breaking now, across thousands of outlets.

More in Business

Budget Airline Warns Jet Fuel Shock Could Wipe Out Rivals

Ryanair has warned that the price of jet fuel could soar next summer, threatening some of its European competitors with collapse.

  • Ryanair warns jet fuel price surge could bankrupt European rivals next summer
  • Company cuts passenger targets to 214 million, secures fixed-price fuel contracts
  • Ryanair expects summer traffic to grow 5% to 145 million passengers

More from Wednesday 2 September →