Summary
Aurigny, an airline, reports no immediate jet fuel shortages for the next four to six weeks despite a significant increase in fuel costs due to the Iran war. The airline assures there is enough fuel on both the UK and Guernsey sides. Aurigny has raised fuel surcharges and reduced some flights due to increased fuel prices.
Key Facts
- Aurigny reports no jet fuel shortages expected for the next four to six weeks.
- Fuel costs for Aurigny have increased by about 120% since the Iran war began.
- The airline has assurances of fuel supply from multiple suppliers and airports.
- Aurigny introduced a temporary £2 fuel surcharge on new bookings.
- Flights will be reduced by about 12% between mid-April and early June to cope with costs.
- 20-50% of Aurigny's fuel volumes are secured at fixed prices.
- Global supplies are disrupted due to halted shipments through the Strait of Hormuz.
- Different flights will see costs increase by $600 to $2,100 per flight hour.
