EasyJet urge people to book holidays early amid Gulf crisis concerns

• EasyJet's CEO, Kenton Jarvis, has advised customers to book holidays early to avoid potential fare increases later, as current fuel price protections may diminish.
• Many European airlines, including easyJet, have hedged a significant portion of their summer fuel requirements, securing lower prices amidst the Gulf crisis.
• Despite concerns, both easyJet's Jarvis and Ryanair's Michael O’Leary have downplayed the risk of aviation fuel shortages leading to flight cancellations.
• O’Leary warned that sustained closure of the Strait of Hormuz could lead to elevated oil prices and, consequently, higher airfares.
• Lufthansa Group CEO Carsten Spohr suggested that other global economic sectors would experience fuel shortages before the aviation industry, which uses a single-digit proportion of the world's fuel.

IN FULL

EasyJet boss says ‘book as early as possible’ to avoid air fare hikes