Mar 2, 2022 SOURCE: AFP
Oil surge hampers airlines' recovery: Ryanair CEO
A surge in oil prices fuelled by the invasion of Ukraine by key producer Russia will hamper airlines' financial recovery from pandemic fallout, Ryanair chief executive Michael O'Leary said Wednesday.
O'Leary told reporters that the current spike will add 50 million euros ($56 million) to the Irish carrier's costs "over...
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