EasyJet summer holiday bookings down on last year amid Iran war uncertainty
Key takeaways
- The airline easy Jet has hedged 72% of its fuel needs for the next six months, covering the busy summer period up to the end of September.
- The carrier said it had to spend an unexpected extra £25m on jet fuel in March after the start of the US and Israel’s war on Iran.
- However, easyJet said it was not experiencing any disruption to fuel supplies, adding that it had its usual visibility of supplies over a rolling four-week period.
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The airline easy Jet has hedged 72% of its fuel needs for the next six months, covering the busy summer period up to the end of September. Photograph: David Parry/PAView image in fullscreen. The airline easy Jet has hedged 72% of its fuel needs for the next six months, covering the busy summer period up to the end of September. Photograph: David Parry/PAeasy Jet Easy Jet summer holiday bookings down on last year amid Iran war uncertainty Budget airline, which took £25m hit on jet fuel in March, says passengers are waiting later to book trips
Prefer the Guardian on GoogleThe budget airline easyJet has said its summer holiday bookings are lagging behind last year as the Iran war weights on consumer confidence and has left passengers waiting later to book trips.
The carrier said it had to spend an unexpected extra £25m on jet fuel in March after the start of the US and Israel’s war on Iran.