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jet fuel shortage

  • Losses balloon at Easyjet despite seeing ‘no disruption’ to jet fuel supplies

    Aviation

    Easyjet has played down fears that a jet fuel crisis caused by the Middle East will rip through its low-cost model, saying it has kept price rises to a minimum despite losses at the carrier ballooning to more than half a billion pounds. The London-listed carrier told investors it was “not seeing any disruption” to [...]

    Easyjet will be looked to for any guidance on the impact of recent French air traffic control strikes when it updates on Thursday.
  • Ryanair warns ‘weak’ airlines will go bust this year as fuel costs soar

    Aviation

    Ryanair’s finance boss has said he “wouldn’t be surprised” if some of the airline’s “weaker” rivals went bust later this year, as the Iran war spikes fuel costs.  The Dublin-based budget carrier has insisted it is “confident” despite warnings of a jet fuel crisis, but US carrier Spirit Airlines shut down last month, and Ryanair [...]

    Elon Musk and Ryanair CEO Michael O’Leary face off amid acquisition rumors in a business meeting setting
  • Heathrow, Gatwick revolt over Labour flight cancellation plans

    Transport & Infrastructure

    Heathrow and Gatwick have urged the government to climb down from plans to allow airlines to scrap flights without notice – a move which could endanger the summer holidays of millions of Brits. The leading airports reportedly wrote to the government to oppose mooted plans to unwind “use it or lose it” rules to allow [...]

    20m passengers have flown through Gatwick this year
  • Heathrow passenger volumes drop as jet fuel crisis rocks market

    May 11, 2026

    Fewer passengers were heading to Heathrow Airport in April as the war in the Middle East keeps travellers grounded. Passenger numbers at Europe’s biggest airport fell by five per cent in April to 6.7m with the blame being attributed to the “ongoing impact of the Middle East conflict”. For those heading to that particular region, [...]

  • P&O Ferries hikes prices as Iran war puts holidays on brink

    May 10, 2026

    Leading ferry operator P&O Ferries is saddling holidaymakers with up to £50 surcharges as the Iran war threatens to derail Brits’ summer holidays.  P&O, which is owned by Dubai-based DP World, has said it will impose one-way surcharges of £27 per vehicle for its route between Hull and Rotterdam, meaning passengers will pay £54 more [...]

  • IAG: British Airways owner plays down jet fuel shortage concerns

    May 8, 2026

    British Airways owner IAG has played down fears of a jet fuel shortage forcing it to cancel flights this summer but warned investors to expect lower earnings as a result of the ongoing conflict in the Middle East. The London-listed carrier said the pan-regional war that has now dragged into its third month will have [...]

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