The association of travel agencies in the Balearics says that, for the moment, there is "a certain restraint" in airfares but warns that rising costs will be gradually passed on to ticket prices over the summer. The association's view is similar to that of Spain's Airlines Association, which stated much the same thing on Tuesday this week.
Given the increased cost of kerosene and disruptions to supply, airlines are likely to follow the example of Lufthansa and cancel flights on their least profitable routes. Lufthansa have pulled some 20,000 flights in all from now until October. None of these are for Spanish airports.
In this regard, says the association's president Pedro Fiol, Mallorca and the Balearics have a particular advantage. Flights to and from the three airports on the islands "are highly profitable, especially in peak season". At most he anticipates some minor adjustments to services and no major changes. "Mallorca remains a safe bet."
Looking ahead, the greater concern is currently for the off-season. Adjustments to service, Fiol points out, would be felt more acutely in Ibiza and Menorca than in Mallorca.
For now, his message is one of caution, not of alarm. "We don't foresee a summer with planes grounded due to a lack of kerosene, but we do anticipate a more difficult and increasingly expensive environment."