Overview
- Ryanair, which briefed suppliers this week, said Wednesday that fuel companies now see no European jet‑fuel supply disruption before the end of June, and it has cut some fares to lift softer summer demand.
- IATA said Wednesday that travel demand is holding up but warned jet‑fuel shortages could still emerge in the coming months in regions that rely on Middle Eastern supply, especially Europe and Asia.
- Jet‑fuel prices have roughly doubled since late February’s Iran conflict disrupted Gulf airspace and tanker routes, pushing airlines to trim networks, with Lufthansa confirming around 20,000 short‑haul cancellations through October 2026.
- Jet2 said it has hedged about 87% of its summer fuel and noted that customers are booking closer to departure, a shift that helps holidaymakers find deals but leaves planners with less visibility for peak season.
- Heathrow warned Wednesday that passenger numbers for the rest of the year are likely to be hit by Middle East uncertainty, and Europe’s airport group said smaller regional airports face an existential threat if high costs and route cuts persist.