GoKawiilRyanair's O'Leary warns of sharp airfare hikes if oil prices stay high
Ryanair CEO Michael O'Leary told reporters that fares could rise substantially in the December and March quarters if oil prices remain elevated, even as second-quarter pricing is expected to dip slightly. His comments came as Brent crude held above $100 a barrel and jet fuel costs climbed roughly 90% year-over-year.