Ryanair CEO warns high jet fuel costs may persist until 2028

Ryanair CEO Michael O'Leary stated that 'extremely high' aircraft fuel costs may remain until 2028, posing a major challenge for the airline industry next year. The claim is based on his public remarks, not on new data, and reflects ongoing supply-side pressures in the fuel market. This signals sustained cost inflation for aviation and related sectors, with potential implications for consumer prices and airline margins.