Little air companies face a brutal reckoning as oil costs surge, in accordance with the CEO of European countries’s biggest spending plan company

Increasing oil rates could lead some smaller air companies to collapse, Ryanair CEO Michael O’Leary claims. “Spot costs near to $ 80 a barrel are going to result in an important shakeout on the market as soon as this cold temperatures,” he said. O’Leary talked after Ryanair …
airlines – BingNews