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Ryanair boss says risk of jet fuel shortage in Europe receding

Published by Global Banking & Finance Review

Posted on April 28, 2026

1 min read

· Last updated: April 28, 2026

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Ryanair boss says risk of jet fuel shortage in Europe receding
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Ryanair CEO: Europe’s Jet Fuel Shortage Risk Eases as Supply Remains Stable

Ryanair CEO Comments on Jet Fuel Supply Stability in Europe

Current Assessment of Jet Fuel Supply Risk

OSLO, April 28 (Reuters) - Ryanair group CEO Michael O'Leary said the risk of a jet fuel supply shortage in Europe due to the Middle East conflict is receding and that fuel companies have told the airline they see no risk of potential disruption until the end of June.

Statements from Ryanair and Fuel Suppliers

"A month ago we were saying we're all fine until the end of May. The fuel companies are now saying they're seeing no supply disruption risk until the end of June," O'Leary told Reuters in an interview on Tuesday, citing a conference call with all of its suppliers across Europe on Monday.

Reporting and Editorial Credits

(Reporting by Gwladys Fouche in Oslo, writing by Padraic Halpin; editing by Sarah Young)

Key Takeaways

  • Suppliers now see Europe’s jet fuel supply as secure until end‑June, extending the previous mid‑May outlook, per Michael O’Leary. (trustfinance.com)
  • The extended assurances come amid earlier warnings by the IEA and industry that shortages could begin in June if Middle East supplies remain constrained. (adept.travel)
  • The EU has been coordinating emergency measures—including boosting imports from the U.S. and considering strategic reserves—to guard against disruptions and regulatory strain. (euronews.com)

References

Frequently Asked Questions

What did Ryanair CEO Michael O'Leary say about Europe's jet fuel supply?
Michael O'Leary stated that the risk of a jet fuel shortage in Europe is receding and there is no expected supply disruption until the end of June.
Why was there concern about a jet fuel shortage in Europe?
The concern was due to the ongoing Middle East conflict, which raised fears about potential disruption in fuel supply across Europe.
How long do fuel companies expect no disruption in jet fuel supply for Ryanair?
Fuel suppliers have informed Ryanair that they see no risk of disruption until the end of June.
How does the recent update compare to previous supply risk assessments?
A month ago, the expectation was for stable supply until the end of May, but now the outlook has improved to the end of June.
Who reported the statement from Ryanair's CEO?
The statement was reported by Reuters, with contributions from journalists in Oslo and further editing in the report.

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