The European aviation sector could face significant fuel supply disruptions as early as May if the ongoing conflict in the Middle East persists, according to Ryanair CEO Michael O'Leary.
Speaking to Sky News, O'Leary highlighted the growing vulnerability of the airline industry to geopolitical tensions. He projected that between 10% and 25% of the fuel volumes required for the low-cost carrier's standard operations could be compromised if the situation does not improve.
"We do not expect significant disruptions until early May," the Ryanair chief executive stated. "But if the war continues, there is indeed a risk of supply problems to Europe in May-June. We hope the war will end sooner."
The potential crisis hinges heavily on key global shipping routes. O'Leary emphasized that a swift resolution to the conflict would alleviate the pressure on the aviation sector. "If the war ends in April and the Strait of Hormuz reopens, there will be practically no risks," he added.
The ripple effects of the Middle East crisis are already being felt across the broader European aviation and energy landscapes. Latvian national carrier airBaltic has recently requested a state loan to help manage the financial strain caused by surging fuel prices. Furthermore, the European Commission has issued warnings regarding an unavoidable energy crisis driven by the ongoing instability in the region.
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