Europe's airlines began the year reasonably well-protected, but analysts warn jet fuel hedges are now "thinning fast".

Europe may face a jet fuel shortage in several weeks, perhaps leading airlines to cancel flights ahead of the busy summer travel season.

Europe's airlines began the year reasonably well-protected, but analysts warn jet fuel hedges are now "thinning fast".

Fatih Birol, head of the International Energy Agency, told Steve Sedgwick at CNBC's CONVERGE LIVE in Singapore, that Europe's summer travel season is set to be disrupted as it…

Europe faces jet fuel shortages as the Middle East supply is cut off. Airlines may have to cut flights and raise fares ahead of peak summer travel.