LUFTHANSA: NO SUMMER JET-FUEL RISK Lufthansa said it sees no risk to jet-fuel supplies this summer despite the Middle East conflict. Chief…
LUFTHANSA: NO SUMMER JET-FUEL RISK
Lufthansa said it sees no risk to jet-fuel supplies this summer despite the Middle East conflict.
Chief Commercial Officer Dieter Vranckx said suppliers have not warned of shortages, even though about a quarter of Europe’s jet-fuel imports pass through the Strait of Hormuz.
To reduce disruption risks, Europe is increasing fuel imports from North America and Africa, while refineries are boosting production.
Lufthansa also said it does not expect more flight cancellations linked to the conflict. Passengers affected by any disruptions would be rebooked or refunded.
More from Walter Bloomberg
- Wed, 27 May 2026 12:32:31 GMT$HOOD - ROBINHOOD LETS AI TRADE STOCKS AND MAKE PURCHASES Robinhood Markets is rolling out a feature that lets customers delegate investing…
- Wed, 27 May 2026 12:28:27 GMTIRAN-US DRAFT FRAMEWORK LINKS HORMUZ ACCESS TO SECURITY DEAL Iran’s state TV reports a draft, unofficial framework for a MoU with the U.S.…
- Wed, 27 May 2026 12:24:27 GMTIRAN'S STATE TV: THE ISLAMABAD MEMORANDUM FRAMEWORK IS NOT YET FINALIZED; NO STEP WILL BE TAKEN BY IRAN WITHOUT "TANGIBLE VERIFICATION"
- Wed, 27 May 2026 12:23:27 GMTIRAN'S STATE TV: THE MANAGEMENT AND ROUTE OF SHIP TRAFFIC THROUGH STRAIT OF HORMUZ WILL BE HANDLED BY IRAN IN COOPERATION WITH OMAN
- Wed, 27 May 2026 12:23:26 GMTIRAN'S STATE TV: IF A FINAL DEAL IS REACHED WITHIN 60 DAYS, THIS AGREEMENT WILL BE APPROVED IN THE FORM OF A BINDING UN SECURITY COUNCIL RE…
- Wed, 27 May 2026 12:21:29 GMTIRAN'S STATE TV SAYS IN RETURN, IRAN HAS COMMITTED TO RESTORING THE NUMBER OF COMMERCIAL TRANSIT SHIPS THROUGH HORMUZ STRAIT TO PRE-WAR LEV…
- Wed, 27 May 2026 12:21:26 GMTIRAN'S STATE TV SAYS MILITARY VESSELS ARE NOT INCLUDED IN THIS DRAFT AGREEMENT
- Wed, 27 May 2026 12:19:23 GMTIRAN'S STATE TV SAYS ACCORDING TO DRAFT MOU US MILITARY FORCES WILL WITHDRAW FROM VICINITY OF IRAN AND LIFT NAVAL BLOCKADE