Jet Linx and Elevate Jet said fuel never came close to running out, despite months of warnings that Hormuz disruptions could trigger widespread flight cancellations.
20% of global jet fuel supply transits the Strait of Hormuz, but operators said the real impact was higher prices, not empty pumps, with Jet Linx reporting no shortages across its 100 aircraft in 22 locations.
118,000 to 140,000 barrels per day of Saudi jet fuel is projected to reach market in June—above pre-closure levels—while the EU transport commissioner said Europe has no current or near-term shortage risk.
Thousands of airline seats were cut earlier, but private jet executives argued some commercial carriers likely used higher fuel costs to drop routes that had already become uneconomic.