EasyJet boss: Summer flights unaffected

EasyJet's boss, Kenton Jarvis, says the airline will not be affected by jet fuel shortages this summer. Jarvis told the BBC that travellers should not panic as the airline had seen no issues with fuel supplies.

Fuel Supply and Prices

The conflict in the Middle East has led to a near doubling in fuel prices due to the effective blockade of the Strait of Hormuz waterway. However, Jarvis stated that EasyJet had seen no issues with fuel supply in any of its airports. He also mentioned that fuel production had increased in Norway, West Africa, and the Americas, and refining capacity for jet fuel had also increased substantially outside of the Gulf region.

Booking Trends and Financial Performance

EasyJet has seen a shortened booking window, with demand strong for flights departing the same month. The airline reported a pre-tax loss of £552m for the six months to March and expects its financial performance during the second half of the year to be affected by higher fuel costs and uncertainty over customer demand.

Key points

• EasyJet's boss, Kenton Jarvis, says the airline will not be affected by jet fuel shortages this summer.
• The conflict in the Middle East has led to a near doubling in fuel prices.
• EasyJet reported a pre-tax loss of £552m for the six months to March.
• The airline expects its financial performance during the second half of the year to be affected by higher fuel costs and uncertainty over customer demand.
• Fuel production has increased in Norway, West Africa, and the Americas.
• EasyJet will not be adding fuel surcharges to fares.