00:02Two or three European airlines could go bankrupt before the end of this year due to soaring oil
00:08prices, Ryanair's CEO Michael O'Leary has claimed. The iron war has already cost Ryanair an extra
00:1540 million euros in fuel costs in April alone, the boss of Europe's biggest airline has said.
00:21The outspoken CEO has named Wizz Air and Air Baltic as among the companies at risk.
00:27O'Leary has claimed it would be a good thing for Ryanair's business because there would be fewer competitors.
00:34Wizz Air has denied O'Leary's claims while Air Baltic did not immediately react to his comments.
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