Speaking at an Airlines for Europe event in Brussels this week, Ryanair chief executive Michael O'Leary played down any immediate changes, The Guardian reports, but warned if fuel price hikes "drag on for six months", it would become an issue for airlines.
EasyJet chief executive Kenton Jarvis, meanwhile, urged customers to book as early as possible, revealing the prices at which carriers are hedging fuel were starting to unwind, which would likely lead to higher fares. According to Iata's jet fuel monitor, the price of kerosene is up by 94.4% against the annual average as of Friday (20 March).
