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Euronews
Euronews
Dianne Apen-Sadler

‘Two or three European airlines could go bankrupt’ this winter, says Ryanair boss O’Leary

Ryanair’s CEO Michael O’Leary has claimed that two or three European airlines "could go bankrupt" before the end of this year due to soaring oil prices.

The outspoken boss of Europe’s biggest airline said that the Iran war has already cost Ryanair an extra $50 million (€42.6 million) in fuel costs in April alone.

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