Business · 8 July 2026
Jet2 saves £400m on fuel, hedges 87% summer needs.
Holiday prices were shielded from bigger fuel cost rises after the airline benefited from earlier fuel buying. Jet2 said it secured about £400m through fuel hedging before the Iran war drove jet fuel prices higher, helping protect its finances during the recent market disruption. Around 87% of its summer fuel needs had already been locked in.
Reported by City AM · How we write briefs