- Concerns have arisen among holidaymakers regarding potential aviation fuel shortages and surcharges for summer travel, despite data not supporting imminent shortages.
- Most airlines and holiday companies hedge their fuel costs, meaning existing bookings are largely protected from recent price increases.
- Major UK tour operators Jet2, easyJet Holidays, and Tui have all committed to not imposing fuel surcharges on customers who have already booked their summer holidays.
- Under Package Travel Regulations, tour operators can add surcharges if fuel costs rise, but customers can cancel for a full refund if the increase exceeds 8 per cent.
- While IAG, owner of British Airways, has indicated 'pricing adjustments' due to higher fuel costs, the market will ultimately dictate what airlines can charge.
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