Airlines face five-week cliff edge before fuel shortages could ground flights

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2026.04.02 04:02
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UK airlines face potential fuel shortages in five to six weeks due to the ongoing conflict in Iran affecting the Strait of Hormuz. While Asian carriers have already cut routes, UK airlines are currently insulated by diverse oil sources and hedging contracts. Ryanair's CEO warned of a 10-25% risk to supplies in May and June if the situation doesn't improve. Despite rising jet fuel prices, UK airlines saw stock gains as optimism grew over a resolution to the conflict. Airlines UK reported no immediate disruptions to fuel supply.