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BBC News | EasyJet boss says summer flights won't be hit by jet fuel shortages
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EasyJet’s chief executive, Kenton Jarvis, told the BBC that the airline does not expect any jet‑fuel shortages to affect its summer schedule, despite the disruption to the Strait of Hormuz and a near‑doubling of fuel prices caused by the Iran‑Israel conflict. He said EasyJet has had “absolutely no issues” with fuel supplies at any of its airports and is not planning fuel surcharges, noting that production and refining capacity have risen in Norway, West Africa and the Americas. However, the war has shortened the booking window, with customers waiting to book closer to departure; demand remains strong for flights in the coming weeks, though overall confidence is cautious. EasyJet reported a £552 million pre‑tax loss for the six months to March and expects higher fuel costs and uncertainty over demand to weigh on second‑half performance, but it has hedged 72 % of its fuel needs at pre‑conflict prices through September.
Read more: https://www.bbc.com/news/articles/ckgplpd7px4o?at_medium=RSS&at_campaign=rss
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