Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestyleEasyJet's CEO, Kenton Jarvis, has advised customers to book holidays early to avoid potential fare increases later, as current fuel price protections may diminish. Many European airlines, including easyJet, have hedged a significant portion of their summer fuel requirements, securing lower prices amidst the Gulf crisis. Despite concerns, both easyJet's Jarvis and Ryanair's Michael O’Leary have downplayed the risk of aviation fuel shortages leading to flight cancellations. O’Leary warned that sustained closure of the Strait of Hormuz could lead to elevated oil prices and, consequently, higher airfares. Lufthansa Group CEO Carsten Spohr suggested that other global economic sectors would experience fuel shortages before the aviation industry, which uses a single-digit proportion of the world's fuel. In fullEasyJet boss says ‘book as early as possible’ to avoid air fare hikesThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in