Airports Council Warns of Imminent Jet Fuel Shortages in Europe
Here's what it means for you.
Rising jet fuel prices and potential flight cancellations could disrupt your travel plans this summer.
What happened
Airports Council International Europe warned of imminent jet fuel shortages at EU and UK airports due to the closure of the Strait of Hormuz.
The Context
- Supply Chain Vulnerability: Over 60% of Europe’s jet fuel comes from Gulf refineries, with 40% transiting the now-closed Strait of Hormuz.
- Escalating Costs: Jet fuel prices have surged to $1,650 per tonne, more than doubling since February 2026.
- Operational Impact: UK airlines like Skybus and Aurigny have begun canceling flights as smaller airports face dwindling fuel reserves.
The Number
—the current global jet fuel price per tonne, which has more than doubled year-on-year, impacting operational costs for airlines and ticket prices for travelers.
Takeaway
As the situation evolves, expect ongoing volatility in air travel and pricing, particularly as summer approaches.
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