Ryanair warns of cancellations due to high kerosene prices

The airline was able to secure 80 percent of the fuel required until the end of March 2027 through hedging at a fixed price. “But 20 percent uncertainty are still there.” “At this point, we cannot rule out flight cancellations,” said Pouchain Meyer.

Short-term price increases are conceivable

Short-term price increases could also be necessary. In Italy there is currently a shortage of kerosene at some tourist airports. “We have to continue to monitor the situation closely,” said the Ryanair manager. It is therefore better to buy tickets early, “before things really take off in June or July”.

The Iran war has triggered a sharp rise in the price of kerosene, even more than that of crude oil. Across all continents, numerous airlines have increased their fares and suspended flights for safety or profitability reasons.

Airports warn of kerosene shortages

Airports appealed to the EU Commission on Friday European umbrella association for airport operators (ACI Europe) warned of the risk of a “systemic kerosene shortage” if shipping traffic in the Strait of Hormuz does not resume “in a stable and significant manner” within three weeks.

In a letter to the EU Commission The association, to which the six commercial airports in Austria belong, called for “urgent monitoring of availability and supply” in the next six months.