Looming Jet Fuel Shortages?

[Beer_budget]

They've just announced they'll cut 20,000 flights from their schedule between June and October, with exact flights to be published by the end of this month.

Their press release calls it "Lufthansa Group optimises flight offering in summer"

Looks like "optimised" is the new "enhanced".

They say it's to save 40,000 metric tons of jet fuel, but then explain they've cut the routes that weren't as profitable for them. So it's more about the price of fuel, not a shortage of it.

Might work out for us - our planned TRD-MUC leg has gone from an A319 to an A320 since this morning, and come down AUD 150.

 

[elanshin]

They've just announced they'll cut 20,000 flights from their schedule between June and October, with exact flights to be published by the end of this month.

Their press release calls it "Lufthansa Group optimises flight offering in summer"

Looks like "optimised" is the new "enhanced".

They say it's to save 40,000 metric tons of jet fuel, but then explain they've cut the routes that weren't as profitable for them. So it's more about the price of fuel, not a shortage of it.

Well, its probably both. Shortage and increased costs.

Not a shortage to the point where you can't fly like some doom and gloom are reporting, but more that you can't run a full network ops even if you wanted to.

 

[Quickstatus]

Well, its probably both. Shortage and increased costs.

And flights which are marginal in terms of demand
And a retaliatory action against strike action within city line

........

It's also interesting that of the fuel purchased using the Export Finance Australia underwriting instrument of spot price fuel, as far as I know, none has been for jet fuel - only diesel.

 

[Saab34]

AirAsia have continued to cut more DPS flights, PER-DPS down to 2 daily from 4 for the next two months. Melbourne/Adelaide will stay at 4 weekly

 

[MEL_Traveller]

AirAsia have continued to cut more DPS flights, PER-DPS down to 2 daily from 4 for the next two months. Melbourne/Adelaide will stay at 4 weekly

Our flight to Bali yesterday was packed! A single empty seat! (Not air Asia!) dunno why they’re cutting capacity?

 

[Saab34]

Our flight to Bali yesterday was packed! A single empty seat! (Not air Asia!) dunno why they’re cutting capacity?

Seems to be just combining.

I note once they have combined the PER-DPS down, it leaves very little inventory to be sold. They have pushed people to the day prior and after.

AirAsia group don’t have much cash on the books and the ability to weather a prolonged crisis isn’t great.