Ryanair Says Fuel Hedging to Help It Ride Out Ukraine Impact
- Discount giant covered on 80% of kerosene needs in coming year
- Position should let carrier pare prices as rivals feel pinch
Michael O Leary on March 2.
Photographer: Tolga Akmen/AFP/Getty Images
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Ryanair Holdings Plc Chief Executive Officer Michael O’Leary said fuel hedging and cost curbs will give his company an edge over rivals this summer as the Ukraine invasion adds to a slew of challenges facing airlines.