EasyJet boss says 'don't panic' over summer jet fuel supplies
- company BBC
- company EasyJet
- company Hargreaves Lansdown
- location Europe
- location Norway
- location UK
- location West Africa
- person Kenton Jarvis
EasyJet CEO Kenton Jarvis has reassured travelers that jet fuel supplies are unaffected and the airline intends to operate its full summer schedule, despite fuel prices nearly doubling due to the Strait of Hormuz blockade[1][2].
Jarvis told the BBC that customers could book with confidence, stating, "We've seen absolutely no issues with fuel supply in any of our airports"[1][2]. He added that the carrier would not be introducing fuel surcharges to fares despite the cost pressure[2]. The airline reported a pre-tax loss of £552m for the six months ending in March[1][2]. Jarvis cited increased fuel production in Norway, West Africa, and the Americas as helping to offset supply concerns[2]. He noted a "shortened booking window," with strong late-booking demand expected to continue through the summer[1][2]. Analysts warn the recent spike in fuel prices will take a toll on profitability, with prices likely to remain elevated even if Middle East conflicts are resolved soon[2].
Sources cited (2)
- bbc.com B · newspaper — https://www.bbc.com/news/articles/ckgplpd7px4o?at_medium=RSS&at_campaign=rss ↗
- bbc.com B · newspaper — https://www.bbc.com/news/articles/ckgplpd7px4o?at_medium=RSS&at_campaign=rss ↗