finance
Lufthansa Sees No Jet-Fuel Supply Risk This Summer
Lufthansa stated it anticipates no shortages of jet fuel for the summer season. The airline cited supplier communications and alternative sourcing routes amid ongoing Middle East tensions.
May 27, 5:41 AM·1m read1 source
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Lufthansa said it sees no risk to jet-fuel supplies this summer despite the Middle East conflict. Chief Commercial Officer Dieter Vranckx said suppliers have not warned of shortages, even though about a quarter of Europe’s jet-fuel imports pass through the Strait of Hormuz.
To reduce disruption risks, Europe is increasing fuel imports from North America and Africa, while refineries are boosting production. Lufthansa also said it does not expect more flight cancellations linked to the conflict. Passengers affected by any disruptions would be rebooked or refunded.
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