Ryanair CEO Michael O'Leary has stated that there is no immediate risk of a kerosene shortage in Europe, predicting that supplies will remain stable through the winter and until the summer of 2027, unless an unexpected event disrupts the situation. He made the remarks during a press conference held by the professional association of European airlines, known as A4E, in Brussels. O'Leary emphasized that there is no doubt about the availability of aviation fuel in Europe during the upcoming winter season or until next summer, provided no unforeseen circumstances arise. The concerns about potential kerosene shortages stem from the ongoing conflicts in the Middle East, which have disrupted the export capabilities of Gulf countries—major producers of oil and kerosene. These countries are facing attacks from Iran, the United States, and the Houthi rebels from Yemen. Additionally, Ukraine has been attacking Russian refineries, despite Russia denying an invasion. These conflicts have created uncertainty in global oil markets and raised fears about supply chain disruptions. Despite these challenges, O'Leary noted that refineries around the world are currently operating at full capacity to supply aviation fuel to Europe and other regions. However, the prices of this fuel have risen significantly since March. Historically, aviation fuel was priced 10 to 15% above the cost of a Brent barrel of crude oil, but today it is 50% more expensive. O'Leary believes this price increase will persist for the next 12 to 18 months due to the ongoing conflicts and potential refining or shipping issues. The press conference also served as a platform for airline leaders from major companies such as Air France-KLM, EasyJet, IAG, Lufthansa, and Ryanair to call for policies that would enhance the competitiveness of European air travel. They are seeking measures that could help offset the rising costs of fuel and maintain the industry's stability in the face of global challenges.