Last week, British tourists planning holidays to Mallorca this summer received reassurances after Jet2 confirmed it expects to maintain its full flight schedule following positive signals over jet fuel availability. This update came as the airline continues its ongoing talks with fuel providers, who have indicated a rise in fuel production and additional imports from regions not affected by the Middle East conflict.
And it appears that according to preferente European airlines have begun to look to Spain as one of the few markets capable of guaranteeing a supply of jet fuel should the war in the Middle East lead to supply problems in Europe. The strength of Spain’s refineries and the robustness of its energy infrastructure have placed the country at the centre of industry discussions amid rising international tensions.
The Secretary of State for Energy, Joan Groizard, recently stated that “the supply of kerosene is guaranteed. Even if the border were to close tomorrow, we would get through the summer as normal”. Energy sources explain to Vozpópuli that airlines and international operators are making enquiries to gain a detailed understanding of the extent of national refining and storage capacity.
Spain currently has eight refineries operated by Repsol, Moeve and BP, a network that allows it to face the summer with greater peace of mind than other European countries that are more dependent on external supplies.
Ryanair does not expect disruption to jet fuel supplies in Europe this summer but its profit may come under "a bit of pressure" in the current fiscal year to end-March 2027 if oil prices remain high for longer, CEO Michael O'Leary said.
O'Leary said the airline, Europe's largest by passenger numbers, does not expect to have to cancel any flights this summer but is continuing to lower fares to boost demand with some customers hesitant about booking holidays.