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Europe News
EU eyes jet fuel reserves as Strait of Hormuz crisis threatens supply
With the peak summer season drawing near, EU energy ministers are wary that jet fuel supply may be further strained, even as analysts see "sharp movement" towards greater jet fuel production within European refineries.
Travel News
Ryanair investigated over family seating fees
Europe’s largest low-cost airline is under investigation over its policy requiring families with young children to pay for seat reservations. UK regulators will examine whether the fees are unfair and whether they breach rules designed to prevent hidden charges.
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Travel News
UK considers airline blacklist for disruptive passengers
The UK government is exploring proposals for a national airline blacklist that could prevent abusive, violent or persistently disruptive passengers from flying with any carrier. The move comes as airlines report rising levels of bad behaviour during peak holiday periods and push for tougher measures
Business
EasyJet shares rally as Castlelake weighs possible takeover offer
The budget airline's stock rose more than 12% after Castlelake said it was considering a possible offer. Prior to the rally, easyJet shares had fallen by around 23% over the past year against a backdrop of higher fuel costs and uncertainty linked to tensions in the Middle East.
Travel News
Iran conflict threatens Southeast Asia’s summer tourism season
Tourism across Southeast Asia was finally recovering from the pandemic. Now, soaring fuel prices, flight disruptions, and growing economic uncertainty linked to the Iran conflict are threatening to slow demand just as the region enters its crucial summer travel season.
