Credit: Kurt Hofmann/Aviation Week
SALZBURG, Austria—Ryanair Group CEO Michael O’Leary said more airlines will go out of business or be refinanced this winter if high oil prices and higher interest rates are sustained into autumn. AirBaltic is one example, according to O’Leary. “In recent weeks, airBaltic has required a government...
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O’Leary: More Airlines Could Fail If High Oil Prices Persist is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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