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Iran war drives jet fuel fears for European airlines threatening summer holiday travel
International
Published on 29 April 2026
Hedges helped so far but shortages could hit next
As the Iran war escalates, European airlines are seeing jet fuel prices surge and Middle East routes face disruption, putting summer holiday plans at risk. Hedging has cushioned early impacts, but analysts warn shortages could materialize if the conflict drags on. Even with strong overall demand, some carriers report weaker forward bookings and have issued profit warnings.
- Jet fuel costs are rising as the Iran war intensifies
- Middle East travel disruption threatens summer schedules
- Hedging reduces near-term price shock but not supply risk
- Some airlines see softer bookings and profit warnings
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times