European jet fuel shortage: What travelers need to know
The Points Guy • • business
Key Points:
- The global oil crisis has led to rising airfare and checked bag fees, with some U.S. budget airlines facing potential shutdowns due to soaring jet fuel costs.
- Europe is confronting a severe jet fuel shortage, with the International Energy Agency warning that supplies may last only about six weeks, risking widespread flight cancellations.
- Airlines including Ryanair, Norse Atlantic, Edelweiss, and Lufthansa have already announced route cuts and service suspensions in response to high fuel costs and supply concerns.
- Travelers flying to Europe are advised to know their refund rights, build flexible travel plans with backup options, and use credit cards that offer travel insurance for bookings.
- While there are signs of easing in oil supply disruptions, such as the reopening of the Strait of Hormuz, significant uncertainty remains around jet fuel availability and its impact on summer travel.
