SUMMER flights to Spain will go ahead as normal amid the Middle East crisis, the government has said, confirming that the country holds 90 days of jet fuel in reserve.
Energy Minister Joan Groizard said that jet fuel supplies for this summer are ‘guaranteed’, noting that the country has ‘around 90 days’ of fuel in reserve.
This 90-day buffer means that even in the ‘hypothetical and extreme case’ of trade borders closing tomorrow, ‘Spain could get through the entire summer without any problems’.
However, the government is not becoming complacent, instead remaining in what it describes as a state of ‘active calm’.
In other words, while there is no risk of immediate shortages, the Spanish market remains exposed to potential price shocks driven by geopolitical volatility and disruptions to global trade flows, with the government continuing to monitor the situation closely.
It comes less than a week after Spanish low-cost airlines Iberia and Vueling assured customers that their flights will go ahead as normal this summer.
Vueling also ruled out additional charges as a result of the jet fuel shortages due to the Middle East crisis saying,‘ the price at which you reserve your ticket will be the price at which you fly’.
The recent statements aim to reassure both the tourism sector and holidaymakers ahead of the peak summer travel season.
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