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As Europe’s kerosene reserves have fallen to historic lows due to the blockade of the Strait of Hormuz and fuel prices have doubled, airline executives are working to reassure travelers ahead of the summer peak season. Executives at Wizz Air, Ryanair, and Lufthansa stated that alternative supply sources and previously stockpiled reserves will ensure uninterrupted flight operations at least through mid-July. Industry analysts and traders, however, warn that if the conflict in the Middle East drags on, serious supply problems could arise even in the longer term, Hirado.hu reported.
European airlines, airports, and tour operators remain optimistic about kerosene supplies, even as the industry is experiencing one of the most severe crises of the past decades. As a result of the war in Iran and the blockade of the Strait of Hormuz, fuel prices have nearly doubled compared to pre-conflict levels.
According to analysts, industry players and regional leaders are deliberately trying to downplay fears of supply disruptions. On the one hand, to reassure travelers ahead of the northern hemisphere’s summer peak season, and on the other, to protect bookings during a period that is critically important for revenue, Reuters reported.
The optimism in the aviation sector, however, stands in sharp contrast to traders’ gloomy warnings. Roughly one-fifth of the world’s oil shipments pass through the Strait of Hormuz, which has effectively been closed to shipping due to the prolonged conflict. The Persian Gulf region, meanwhile, supplies about a quarter of Europe’s jet fuel.
‘The risk of a kerosene shortage in Europe has gone from virtual to real in just a few days’
Jet fuel crisis in Europe could cancel summer holidays
pic.twitter.com/tHN687IQN6
— The Herald (@heraldscotland) April 10, 2026
“There are always those who are already predicting that fuel will run out, but there is currently no sign of that. The debate surrounding fuel seems somewhat artificial. We do not expect a shortage in the coming weeks, and I do not foresee any consequences other than rising prices during the summer season,” said Sebastian Ebel, CEO of TUI, after presenting the travel agency’s flash report on Wednesday.
Meanwhile, the International Energy Agency (IEA) issued a warning that global oil supply is unlikely to fully meet demand this year, as the conflict is causing severe damage to production in the Middle East. Based on market data from LSEG Workspace, kerosene stocks in several European regions—including the Amsterdam–Rotterdam–Antwerp region—have fallen to near historic lows.
Airline executives, however, are trying to paint a reassuring picture despite the crisis. Carsten Spohr, CEO of Lufthansa, stated that the company’s fuel supply is secured at least until the beginning of summer.
“Supplies and shipments will be sufficient until mid-July, but after that the situation is much more uncertain,” said Carsten Spohr, adding that about a quarter of the group’s usual kerosene needs came from the Persian Gulf region. Half of this was replaced with fuel from other sources, while the remainder was covered by reserves.
Michael O’Leary, the head of Ryanair, told Reuters as early as late April that the risk of supply disruptions was decreasing. According to analysts, airlines have so far been able to procure kerosene from alternative sources—such as the United States and Nigeria—albeit at a significant premium.
Photo: Pixabay
I do not think we will run out of fuel,”
said József Váradi, CEO of Wizz Air. He noted that the price of kerosene is already approaching $1,400 per ton, which is nearly double the pre-war level. In his view, this alone encourages suppliers to find new solutions: “This provides ample room for creativity.”
Due to the panic surrounding the kerosene shortage, airport operators have also built up significant reserves. Based on data from the aviation fuel technology company i6 Group, kerosene stocks rose by more than 60 percent in April. The decision partially alleviated concerns that had intensified after several Italian airports reported supply shortages.
We do not foresee any disruptions to service in the short term,”
said Gary McLean, managing director of Dublin Airport. He emphasized that, for the time being, they do not see any serious cause for concern regarding the summer season.
European policymakers are also expressing cautious optimism. “In the short term, we do not expect serious supply security issues. In the longer term, however, it cannot be ruled out that supply security difficulties may arise. This, of course, depends largely on how the situation in the Middle East develops,” said Dan Jorgensen, the European Union’s Energy Commissioner.
Via Hirado.hu, Reuters; Featured photo: Pixabay
The post Air Travel Continues Normally Despite Fuel Price Surge appeared first on Hungary Today.
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