Ryanair Chief O'Leary: Enough Kerosene by Next Summer – But Twice as Expensive

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Ryanair CEO Michael O'Leary reassures the aviation industry: Europe will have sufficient kerosene through next summer, according to his statements. This is reported by the Frankfurter Rundschau, citing the airline chief's remarks.

The bad news comes with it: Even though fuel continues to be available, it will become significantly more expensive – reportedly even twice as expensive as before. Airlines and ultimately passengers will pay for the strained supply situation with a hefty surcharge on the kerosene price.

What O'Leary says about supply

O'Leary dispels concerns about a kerosene bottleneck in Europe. By the summer of next year, the Ryanair chief firmly expects there will be enough aviation fuel available for the airlines.

At the same time, however, he warns about prices: The cost of kerosene is rising sharply, according to the report. The Frankfurter Rundschau speaks in its headline of an approximate doubling compared to the previous level.

What this means for your next flight booking

If kerosene becomes twice as expensive, this typically flows directly into ticket prices. How airlines pass on these additional costs to passengers specifically – whether through higher ticket prices, a stated kerosene surcharge, or a mix of both – will become clear in the coming weeks.

Unlike in a real shortage, the situation remains stable according to O'Leary's forecast: Flights can take place as scheduled – even if they ultimately have to be sold at higher prices. Flight cancellations due to missing kerosene are not an issue for now, in his assessment.