Lead The Ryanair CEO warned that European airlines will fail if jet fuel costs stay high. This comes as jet fuel prices have more than doubled since the Strait of Hormuz closure, putting carriers under pressure ahead of peak summer travel. Context The Strait of Hormuz closure has disrupted supply routes, causing a sharp rise in fuel prices across Europe. Airlines are facing higher operating costs and potential route cancellations. Key Data Jet fuel prices in Europe have more than doubled since the closure of the Strait of Hormuz. This surge is squeezing carriers ahead of peak summer travel, increasing operating expenses and threatening profitability. Quotes The Ryanair CEO said that "European airlines will fail if jet fuel costs stay high". The article noted that "jet fuel prices in Europe have more than doubled since the closure of the Strait of Hormuz, squeezing carriers ahead of peak summer travel". Outlook If fuel costs remain elevated, airlines may need to adjust capacity, raise fares, or seek alternative fuel sources to maintain viability. The industry will closely monitor price trends and geopolitical developments to mitigate risks.