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The CEO of budget airline Ryanair has said that the most effective way to target Russia amid its onslaught of Ukraine is to ramp up oil production in the West.

Russia's invasion of Ukraine will not have a dramatic impact on airline bookings in eastern Europe so long as the war does not escalate and spread, Ryanair boss Michael O'Leary said on Wednesday.

Ryanair Holdings Plc CEO Michael O'Leary discusses bookings, the impact of the war in Ukraine and fuel costs. He speaks on "Bloomberg Markets: European Open.

LONDON (Reuters) -The next 12 months will be "very difficult" for most airlines after Russia's invasion of Ukraine pushed up oil prices above $100 a barrel, Ryanair boss Michael O'Leary said on Wednes

DUBLIN (Reuters) – Ryanair has extended the suspension of all its flights to and from Ukraine until the end of March at the earliest in the wake of Russia’s invasion, Europe’s largest airline by passenger numbers said in a statement on Friday.

The budget airline says it is due to a lack of available slots at Ibiza Airport

The airline has confirmed the move

The budget airline has apologised to customers after making the decision to cancel a host of flights both in and out of Ukraine following Russia''s invasion on Thursday.

The budget airline said that affected customers will receive an email confirmation over the coming hours.

Airline awaits information updates from EU safety agencies after civilian airspace is closed

RYANAIR have cancelled flights in and out of Ukraine after Russia’s invasion this morning. Vladimir Putin declared a “special military operation” in Ukraine after months of massing his forces on the border and lying to the world about his plans to invade. The world is waking up to what could the most horrific crisis since World […]

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“The safety and security of our passengers and crew remains our number one priority and we hope normality will return to Ukraine soon.” Ryanair and Wizz Air follow in the footsteps of Air France, Lufthansa and KLM who cancelled or suspended flights into Kiev earlier this week. Air France said: “In light of the local […] Ryanair suspends all flights in and out of Ukraine due to ‘Russian invasion’

The budget airline is one of the largest operators in Ukraine