Business

Airlines Struggle Amid Middle East Crisis

Updated 2026-07-20 09:40 UTC 1 source Negative

Ryanair's first-quarter profit fell by 34% due to higher fuel costs and delayed bookings from the Iran war. The crisis is expected to impact other struggling airlines in a difficult winter.

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CNBC
Ryanair's first-quarter profit took a 34% hit as consumers delayed bookings due to the Middle East crisis, while struggling airlines face a "difficult winter."
2026-07-20 09:05 UTC
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