No jet fuel shortage for '4 to 6 weeks' - airline

No jet fuel shortage for '4 to 6 weeks' - airlineJust nowShareSaveAdd as preferred on GoogleBBCNico Bezuidenhout said Aurigny's fuel costs had increased by around 120% since the outbreak of the Iran war.Airline Aurigny will "continue to monitor" jet fuel supplies - but no shortages are expected "for the next four to six weeks", the company's chief executive has said.Nico Bezuidenhout said Aurigny had received "assurances from multiple suppliers and airports" that there was short-term fuel supplies in both Guernsey and the UK.But he added the States of Guernsey owned airline was spending around 120% more on fuel than it had been before the outbreak of the Iran war.The Ports of Jersey said fuel was sourced from a diverse range of countries, which helped it maintain "a dependable and resilient supply chain".Global oil and gas supplies have been disrupted as shipments through the critical Strait of Hormuz waterway have mostly been halted since the war began on 28 February.In response to the war, Aurigny last month introduced a temporary £2 fuel surcharge on new bookings, saying that the islands were "not immune from the realities presented by the global travel ecosystem".'Soaring jet prices'The airline also announced it would reduce some flights on several routes between mid-April and early June."Oil pricing and jet fuel pricing has had a material effect on cost structures, so we took the proactive step of reducing approximately 12% of our flight capacity," Bezuidenhout told BBC Radio 4 on Friday.He added this was "not due to concerns in terms of jet fuel supply, but rather to ensure we get higher levels of load factors - and in that way, try and reduce the impact of soaring jet prices on consumers."Bezuidenhout said some of that impact was mitigated by the fact that 20-50% of Aurigny's fuel volumes were "hedged out at fixed pricing".But he added: "Dep...