Lufthansa Braces for Jet Fuel Shortage Amid Iran Conflict

Lufthansa CEO Carsten Spohr reveals preparations for potential jet fuel shortages outside Europe, with Asia displaying early signs, due to Iran conflict affecting supply routes. Some Asian airports are no longer accepting additional flights. Lufthansa has hedged over 80% of fuel needs for 2026.

Lufthansa is taking steps to mitigate potential shortages of jet fuel beyond European borders, with CEO Carsten Spohr highlighting early indications of supply disruptions in Asia due to the ongoing conflict in Iran. The airline is actively monitoring the situation to assess further impacts.

Spohr, in an interview with the FAZ newspaper, noted that shortages could first become apparent in regions outside Europe. Some Asian airports have reportedly begun rejecting additional flight bookings, citing limited fuel availability as a primary concern.

In response to these potential challenges, the German airline has already secured over 80% of its jet fuel requirements for the year 2026, a move aimed at ensuring stability amidst the fluctuating global supply circumstances.

(With inputs from agencies.)