Newcastle, United Kingdom. easyJet chief executive Kenton Jarvis said European consumers are likely to see higher ticket prices toward the end of summer as the airline’s existing fuel hedges come to an end.
Potential fare impact linked to fuel costs
Jarvis said prices would start feeding through to consumers toward the back end of the summer, adding that the impact would depend on what happens to fuel prices.
Comments made at Newcastle Airport base opening
Jarvis spoke as the British budget airline opened a new base at Newcastle Airport in northeast England.
Fuel hedging levels and costs
easyJet said in January it had hedged 84% of its fuel needs for the first half of 2026, 62% for the second half of 2026, and 43% for the first half of 2027, at an average cost of $715, $688 and $671 per metric ton, respectively.
How might higher ticket prices toward the end of summer affect your travel plans?