en.Wedoany.com Reported - Michael O'Leary, CEO of Ryanair, Europe's largest low-cost airline, said on April 1st that if the obstruction of traffic through the Strait of Hormuz continues, the airline could face a fuel shortfall of up to 25% between May and June, and aviation fuel supply in Europe could become tight in May.

O'Leary said in an interview that day that optimistically, if the Middle East conflict ends and the Strait of Hormuz resumes navigation in mid-to-late April, aviation fuel supply will be secure; however, if the conflict continues and the strait remains closed, Ryanair will face a risk of aviation fuel supply shortage of about 10% to 25% between May and June, and aviation fuel supply across Europe will become tight in May.

Data from the International Air Transport Association shows that about 25% to 30% of Europe's aviation fuel comes from the Gulf region, making it one of the regions most severely affected by the Middle East situation globally.

O'Leary said there is a risk of a "significant increase" in airfare prices from April to June. In an interview on March 29, he stated that due to capacity constraints and high crude oil prices, summer airfare prices could increase by more than 3% year-on-year.

Ryanair disclosed in January that, to mitigate potential supply risks, it had "locked in" approximately 80% of its aviation fuel requirements for the fiscal year ending March 2027 at a crude oil price of $67 per barrel (approximately 460 Chinese yuan).

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