Ryanair has cautioned that airfares are likely to increase due to current oil prices. The airline predicts that some companies may face bankruptcy if they haven’t adequately hedged their kerosene needs. Rising fuel costs, specifically kerosene, pose a significant threat to the profitability of airlines globally. Without sufficient hedging strategies in place, airlines are increasingly vulnerable to market volatility. This situation could lead to consolidation within the industry or, in more severe cases, failures. Passengers should anticipate paying more for flights as airlines attempt to offset these escalating expenses. The warning highlights the precarious financial position many airlines currently find themselves in.