Key facts
- Europe has no current jet fuel shortage.
- There are no indications of a future jet fuel shortage.
- Some airlines are canceling routes for economic reasons.
Europe's transport chief has stated that there is currently no jet fuel shortage and no indications of one emerging in the coming period. The official suggested that some airlines are choosing to cancel routes that are not economically sensible. Meanwhile, in the UK, retail footfall saw an increase in May, attributed to warmer spring weather. Figures from the British Retail Consortium (BRC) and a separate survey by BDO indicated a rebound in shoppers visiting high streets, reversing a sharp decline seen in April. Consumer confidence also showed signs of improvement, though economists have warned that this rise may be short-lived.