Ryanair CEO Michael O’Leary has warned that the industry will face significant financial pressure next year, attributing the crisis to sustained high fuel prices linked to the Middle East conflict and a reported Strait of Hormuz blockade. Following a 34% decline in Q1 profit to €538m, O’Leary stated that the fuel crisis could persist until 2028, while the airline simultaneously indicated it may expand its Dublin schedule conditional on the adoption of proposed passenger charge reductions.