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The cost of jet fuel is ‌likely to remain high for the next 12 to 18 months, Ryanair Group Chief ​Executive Michael O'Leary said on ​Thursday, but he stressed that he ⁠does not expect fuel supply to ​run out anytime soon.

Ryanair CEO Michael O'Leary said on Tuesday that he hoped an announced delay in certification of Boeing MAX 10 planes ​would be "a matter of days, not weeks or months".

Ryanair Holdings PLC (LSE:RYA) struck a positive tone on near-term demand at a dinner with analysts, though it remains mindful of stubbornly high fuel costs, according to Citi. The US bank, which attended the event with the airline's chief financial officer, said the low-cost carrier had seen an improvement in peak summer performance in recent weeks.

Ryanair group CEO Michael O'Leary said on Wednesday the airline "will not levy a fuel surcharge" despite higher jet fuel prices, but predicted rivals will do so next summer and forecast more European ​consolidation as a result of the elevated costs.

Ryanair CEO Michael O'Leary apologized Friday for bizarrely comparing rival European airlines that charge high prices to “rapists” during a press conference last week.

Ryanair's CEO Michael O'Leary said airfare prices from December to March are "up in the air." In this article RYAAY

Ryanair chief executive Michael O'Leary on Thursday ​warned of a significant ‌rise in airfares if oil prices remained high into ​next year but said ​the outlook for ticket prices ⁠for the coming months ​was "entirely up in the air".

European budget carriers Wizz Air and Ryanair called on Tuesday for an overhaul of Britain's air traffic ​control provider NATS following a new technical issue that disrupted ‌hundreds of flights at key airports in the country.