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Ryanair CFO warns weaker European carriers may not survive jet fuel crunch

Sagar3 months ago04 mins

Ryanair has prepared for an “armageddon situation,” amid the jet fuel crisis, the budget airline’s chief financial officer told CNBC Monday. “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…

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Lufthansa faces nearly $2 billion in extra fuel costs amid Iran war

Sagar3 months ago03 mins

A Lufthansa passenger plane lands at Frankfurt Airport The plane flies over the Messeturm. The airline presents its quarterly figures on Wednesday. Picture Alliance | Picture Alliance | Getty Images Germany’s largest airline, Lufthansa reported taking on 1.7 billion euros (nearly $2 billion) in additional fuel costs as the Middle East conflict poses “enormous challenges.”…

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  • SpaceX AI spending unnerves Wall Street despite promising quick payoff
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  • Lucid Group (LCID) earnings Q2 2026
  • Pinterest (PINS) Q2 2026 earnings report

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