Aviation: Ryanair's executive warns that more airlines may face bankruptcy following the fuel crisis linked to the Iran war, similar to Spirit Airlines.
🚨 Major shake-up in the airline industry! Spirit Airlines has grounded its operations, citing skyrocketing fuel prices as the culprit. Ryanair's CFO warns that more airlines could face bankruptcy amid this crisis. With jet fuel prices reaching nearly $200 per barrel, the landscape is shifting fast. Ryanair, however, is hedged at $67/barrel and remains confident. Will more carriers fall? Stay tuned! ✈️💔 #AviationNews #AirlineCrisis
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