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International Business Times
International Business Times
Business
Demian Bio

Ryanair Has Prepared For An 'Armageddon Situation' As Jet Fuel Prices Remain High

Ryanair's CEO said the company has prepared for an "Armageddon situation" as jet fuel prices remain elevated and the Strait of Hormuz closed. (Credit: AFP)

Ryanair's CFO said the company has prepared for an "Armageddon situation" as jet fuel prices remain elevated and the Strait of Hormuz closed.

"Do we have plans for some kind of Armageddon situation? Of course, we do, but I don't see that coming to pass. As things stand, we're operating a full schedule this summer, and plan to operate a full schedule into the winter period," Neil Sorahan told CNBC.

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