Ryanair 'Confident' It Will Avoid Jet Fuel Shortage but Warns of Future Fare Rises Ryanair's recent announcement that it is "confident" about avoiding a jet fuel shortage this summer, despite concerns over the Iran conflict and shipping disruptions in the Strait of Hormuz, has raised more questions than answers.
The airline's decision to hedge 80% of its fuel requirements for the next four years at around $67 a barrel seems like a prudent move, but it also exposes Ryanair to significant risks if global oil prices continue to rise.
The airline's confidence is likely rooted in its ability to source jet fuel from various regions, including West Africa, Norway, and the Americas.