package

June 24 (Asia Today) — Economic benefits are emerging as a potential deciding factor in Canada’s competition to acquire a new submarine fleet, with South Korea promoting a broad industrial cooperation package to counter a larger economic-impact proposal from Germany.

Canada is preparing to select a preferred bidder for the Canadian Patrol Submarine Project, a program worth as much as 60 trillion won ($39.2 billion).

German shipbuilder TKMS and South Korea’s Hanwha Ocean are the two qualified suppliers remaining in the competition.

Canadian Secretary of State for Defense Procurement Stephen Fuhr said this week that both proposals meet the Royal Canadian Navy’s requirements, according to industry officials.

With the technical assessment effectively completed, the economic and industrial benefits offered by each bidder could become increasingly important in the final evaluation.

Based on publicly disclosed projections, TKMS appears to have proposed the larger economic contribution.

The German company said its proposal could generate 160 billion Canadian dollars in economic activity and add 86 billion Canadian dollars to Canada’s gross domestic product over the life of the program.

It also projected employment totaling more than 650,000 job-years.

Hanwha Ocean said South Korea’s proposal could support more than 22,500 Canadian jobs annually, equivalent to more than 400,000 job-years, and generate approximately 94.1 billion Canadian dollars in cumulative GDP contributions.

Industry officials said the scale and feasibility of the proposed partnerships may be more important than a direct comparison of headline figures.

Hanwha Ocean has established partnerships with more than 100 Canadian companies, universities and other organizations.

HD Hyundai Group has proposed several billion dollars in cooperation across the energy, commercial shipbuilding and naval sectors.

Hyundai Motor Group is also supporting the broader South Korean proposal through Project Beaver, an initiative intended to establish a hydrogen mobility ecosystem in Canada.

The effort is part of a government-backed package that seeks to position South Korea as a long-term industrial and security partner rather than simply a submarine supplier.

Germany is also offering substantial government and industrial support.

TKMS has emphasized its cooperation with Norway, which is jointly developing and acquiring Type 212CD submarines with Germany.

Norway has offered to share experience involving submarine design and maintenance, repair and overhaul systems.

The German proposal also highlights the benefits of integrating Canada into an existing supply and support network among North Atlantic Treaty Organization allies.

Sustainment carries greatest weight

Canada’s evaluation structure places the greatest emphasis on the ability to support the submarines throughout their operational lives.

Sustainment accounts for 50% of the assessment, while the submarine platform itself represents 20%.

Financial considerations account for 15%, with strategic and economic partnerships making up the remaining 15%.

The weighting indicates that Canada’s primary concern is not simply acquiring advanced submarines but ensuring that it can operate and maintain them reliably for several decades.

Some industry observers have cautioned that excessive attention to economic projections could distract from the program’s core defense objectives.

Both South Korea and Germany have proposed major investments, local partnerships and job-creation plans.

Critics say an escalating competition over economic promises could transform a military procurement decision into a broader contest for foreign investment.

The figures presented by the bidders are also based on different assumptions, industries and time periods, making direct comparisons difficult.

The projected employment numbers may include jobs supported for multiple years rather than distinct permanent positions.

“The technological capabilities, delivery competitiveness and industrial cooperation package offered by South Korean shipbuilders are clear strengths,” a South Korean shipbuilding industry official said.

“Both countries are making an all-out effort, so it remains difficult to predict the outcome before the final decision.”

South Korea stresses delivery and industrial ties

Hanwha Ocean is offering a Canadian version of its KSS-III submarine, a platform developed for and operated by the South Korean Navy.

South Korea has emphasized its shipbuilding capacity and ability to deliver vessels within Canada’s accelerated timetable.

The proposal also includes Canadian participation in construction, maintenance, technology development and supply chains extending beyond the submarine program.

South Korean companies have pursued cooperation with Canadian businesses in steel, automotive manufacturing, artificial intelligence, aerospace, energy and critical minerals.

The package is intended to demonstrate that selecting Hanwha Ocean would produce economic benefits across multiple regions and industries in Canada.

TKMS, meanwhile, is offering a submarine supported by the German and Norwegian governments and an established European defense network.

Its proposal stresses operational compatibility with NATO allies, shared training and access to a multinational submarine supply chain.

Canada is expected to announce its preferred approach between late June and early July. Industry officials said a decision could come as early as this week.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260624010008524

June 23 (UPI) — Lawmakers in the U.S. House of Representatives on Tuesday overwhelmingly approved a sweeping bipartisan housing package that seeks to lower housing costs and expand homeownership access, sending the legislation to President Donald Trump to be signed into law.

The House voted 358-32 in favor of the 21st Century ROAD to Housing Act on Tuesday night, with 41 lawmakers not voting.

On Monday, the Senate passed the bill in a similarly overwhelming 85-5 outcome.

“This bill speaks to the real change that our constituents have been demanding, where everyone can afford a dignified place to call home, where tenants are protected and where working Americans can finally get ahead,” Rep. Maxine Waters, D-Calif., ranking member of the House Committee on Financial Services, said from the House floor on Tuesday.

The vote follows months of haggling over the bill’s content by the House and Senate and Democrats and Republicans. In the end, the sweeping bill includes more than 60 pieces of legislation, 36 of which were sponsored by bipartisan lawmakers, according to the Bipartisan Policy Center.

The bill aims to increase housing supply while lowering costs, limiting corporate and institutional ownership for rental purposes and expanding financing for lower-income individuals.

Provisions target bureaucracy to hasten development while seeking to modernize federal housing programs and banking regulations to expand local lending and offer incentives to local governments that prioritize more housing.

Habitat for Humanity, the global nonprofit aimed at helping families build homes, applauded the legislation’s passage on Tuesday, saying it “will bring homeownership within reach for more Americans by tackling longstanding barriers in the housing system.”

“With the passage of this major legislative package, Congress has demonstrated strong, bipartisan leadership by coming to an agreement and taking a critical step in addressing the nation’s housing affordability challenge,” Jonathan Reckford, chief executive officer at Habitat for Humanity International, said in a statement.

The steeply divided Congress came together to pass legislation as the United States faces what some have called a housing affordability crisis.

The United States is facing a housing shortage that is disproportionately affecting lower-income individuals.

According to the National Low Income Housing Coalition, the United States is experiencing a shortage of 7.2 million affordable units for low-income renters, with only 35 such rental homes in existence for every 100 low-income renter households.

The nonprofit said extremely low-income renters face the shortage in every state.

House Speaker Mike Johnson, R-La., described the 21st Century ROAD to Housing Act as “transformational legislation” that will “help the housing affordability problem, reduce regulations so builders can build, limit institutional investing in the housing market and bring the American Dream back into reach for millions of young and working families.”

“Congress is paving a path back to homeownership for American families who have been locked out for far too long,” he said in a social media statement Tuesday night.

THE thought of going on holiday alone may fill many with terror but if you’re struggling to find a travel companion, a solo travel specialist is the perfect solution.

Friendship Travel, which creates sociable breaks for solo travellers, offers trips across the globe, from snowboarding in France to safaris in Kenya, Nile cruises, walking tours, pottery-painting experiences and book-reading breaks.

You can even just flake out on a Caribbean beach.

I’m just back from a watercolour painting week in Olhao, a fishing town in Portugal’s Algarve region.

I have a husband and two grown-up kids who could travel with me, but none of them shares my love of art.

So a week-long retreat with budding painters, coached by an experienced artist, sounded perfect.

WAIL OF A TIME

I drove Irish Route 66 with deserted golden beaches and pirate-like islands

TEMPTED?

Tiny ‘Bali of Europe’ town with stunning beaches, €3 cocktails and £20 flights

It’s only a two-and-a-half hour flight from Gatwick to Faro in Portugal, so I passed the time reading Plein Air Painting With Watercolours by Grahame Booth, our tutor for the week.

As I flipped through the glossy pages of stunning step-by-step landscapes, I wondered if I would be able to paint as well as he could. Spoiler alert: I would not.

I’d been nervous about travelling alone, but flying solo was so peaceful that the only time I missed having a companion was when I had to drag my 23kg suitcase (included in the trip) off the baggage carousel.

After a 20-minute transfer, I arrived at Casa Rosa, a pretty boutique hotel on a quiet side street near the market and harbour.

It has en-suite bedrooms, plunge pool, sauna, sun terrace, and fully equipped artists’ studio.

On the first night, all the guests were due to meet over dinner in the dining room.

I had my last moment of panic before I left my room that evening, picturing myself either being an immediate outcast or swallowed up by a group of misfits.

But I was wrong on both counts.

There were ten of us, ranging in age from early 20s to mid-80s.

Eight women (including me), Jasper, a very posh elderly gentleman from Dublin, and Grahame, our tutor.

Over the wine and three-course meal (included in the price), we all bonded and shared our reasons for travelling solo.

Some, like Jasper and Kate — a cool, retired film producer from Florida who was travelling with her daughter Liz — were widowed and wanted to spend time with fellow art-lovers.

Others, like Oonagh, a glamorous ex-pat living in Portugal, and Pauline, an outgoing Irish woman who runs her own craft shop, had husbands at home who weren’t keen on painting.

Sue, one of the younger guests, runs art classes online and wanted to pick up new techniques.

It was a fun, chatty group, and as I crashed out in my enormous double bed at 10pm, sipping from the complimentary flask of herbal tea that had appeared on my bedside table, I felt I was among friends.

The week followed an easy routine.

Every morning we’d all meet at 8.30am and eat a buffet-style breakfast together at a long, sunny table outside on the terrace.

There were warm pastries, oats, local honey, cold meats and cheeses, fresh coffee and juice.

To give you an idea of the quality of the food, the jeans I wore flying over to Portugal wouldn’t button up for the journey home.

Then we’d gather up our art materials and Grahame would lead us to a variety of local beauty spots and attempt to teach us how to sketch and paint outdoors.

He is a very funny teacher, who’d regularly offer down-to-earth advice like, “If you can’t draw cars, don’t!” or, “If it looks right when it’s wet, then it’s wrong”.

We all sat behind him, watching in awe as his brush rapidly covered his paper in sloshy, brisk marks that eventually became the bustling outdoor cafe, a calm church or the fish market.

At lunchtime we were left to our own devices and I took to escaping for a Sagres (the local beer) to boost my confidence for the afternoons, when we’d paint our own pictures.

We could either paint out on the streets — where passers-by would pause next to my sketchbook and shoot confused looks between my picture and the landscape I was failing to recreate — or upstairs at the hotel’s own studio.

The three-course dinner each night featured local dishes including quiches, pork, soups and barbecued fish.

The hotel happily catered to the vegetarians and gluten-free guests, as well.

On two nights we went out as a group to a restaurant, and treated locals to a medley of Les Mis songs as we walked back to the hotel.

There was lots of free time to go shopping. Olhao is famous for its hand-made cork, ceramics and mosaics, and one day we all took a boat trip over to Culatra Island.

On the last evening, Grahame organised a critique of everyone’s work.

My nerves returned and I expected him to either set fire to my sketchbook or suggest I book myself on to Friendship Travel’s other activity holidays (pottery painting, perhaps, or book reading), but he was shockingly positive.

And then we had a riotous and boozy last dinner together, with a talent show organised by Pauline.

It’s a week I’d gladly repeat.

The service from Friendship Travel was kind and personal, and I felt supported every minute of the trip.

Mind you, it was lovely to see my husband waiting for me in arrivals — so I could finally stop dragging my own case.

WASHINGTON — House Republicans will look to get nearly $70 billion for immigration enforcement over the finish line Tuesday, enough to fund a pair of Homeland Security agencies through the next three years and the rest of President Donald Trump’s time in office.

Speaker Mike Johnson will need near perfect attendance and unity on his side to complete weeks of action on the bill. The legislation got sidetracked when Republicans sought to include $1 billion for enhanced security on the White House grounds, including for Trump’s new ballroom, and the Trump administration tried to create a nearly $1.8 billion fund to compensate allies of the president who claim they have been unjustly investigated and prosecuted. Those proposals proved politically toxic and were scrapped.

Now, the bill is focused entirely on immigration enforcement, a topic that Republicans have treated as a defining issue between the two major political parties and one they hope will carry them to victory in this year’s midterm elections. The bill provides $38 billion for Immigration and Customs Enforcement, $26 billion for the Border Patrol and another $5 billion to cover unforeseen costs, fueling Trump’s deportation agenda.

“It’s long overdue,” said Johnson, R-La., of the bill. “We have to fund border security and immigration enforcement, and it’s sad that Republicans have to do it on our own.”

Funding accelerates Trump’s deportation agenda

The funding comes on top of the nearly $140 billion that the Republican-controlled Congress gave ICE and Customs and Border Protection last year as part of Trump’s tax and spending cuts bill.

Democrats objected to giving the agencies more money without significant changes in the way they operate after the deaths of Alex Pretti and Renee Good in Minneapolis. For example, Democrats insisted that agents be required to display their ID badges during enforcement operations and that they get a judicial warrant before entering private property. Instead, the funding will come with virtually no strings attached.

House Democratic Leader Hakeem Jeffries vowed his party would oppose the package.

“We believe that taxpayer dollars should be used to make life more affordable for the American people – not give ICE another $70 billion blank check so that they can unleash brutality on American citizens and violently target law-abiding immigrant communities,” said Jeffries of New York.

Homeland Security faced longest shutdown in history

The package is the result of a monthslong standoff in Congress after Democrats refused to fund the Department of Homeland Security in the wake of the immigration enforcement actions in Minneapolis and other American cities, leading to the longest shutdown in agency history.

Negotiations had been underway with the White House to alter ICE operations as Democrats were demanding. When those negotiations failed, Republicans turned to a complicated procedural maneuver to get around the filibuster and pass the immigration funding with no Democratic votes.

If approved, the package would next go to Trump for his signature, all but assuring an essentially uninterrupted flow of funds for his immigration enforcement and deportation agenda into 2029.

The Senate completed its work on the legislation last week during an all-night session that extended into the early morning hours Friday. The final 52-47 vote on the bill was nearly party line, with Sen. Lisa Murkowski of Alaska the only Republican to oppose it.

Money comes at pivotal time for immigration agenda

The money will come at a pivotal time for the Department of Homeland Security, which is under new leadership after Trump replaced Kristi Noem with new Secretary Markwayne Mullin in March.

While Mullin has vowed to keep the department out of the headlines, the administration is under pressure from anti-immigration advocates to deliver on Trump’s campaign promise of the largest deportation operation in American history.

So far, the administration has not hit its goal of 1 million deportations a year, but Trump’s border czar, Tom Homan, has promised more to come, including hinting at immigration enforcement actions in New York, the nation’s biggest city, which is heavily Democratic.

At the same time, the administration is making it more difficult for legal immigrants to remain in the U.S. by working to end Temporary Protective Status, changing the processes for obtaining green cards and leaving some Dreamers — the young people who were brought illegally to the U.S. as children — reporting delays in renewing their status, which allows them to stay and work.

Tight vote ahead

On the House side, Johnson has little margin for error. Republicans can afford to lose only a couple of votes if every lawmaker is present. GOP leadership opted to avoid any hiccups and sent lawmakers home last week rather than take up the bill early Friday once the Senate had completed its all-nighter.

The bill is just a slim package, without the hundreds of pages of details and directives that typically come from Congress when it provides funding for agencies.

Leading up to the vote, Democrats portrayed DHS as an agency that has used its new resources to buy private jets for its leadership, warehouse immigrants in deplorable conditions and attack U.S. citizens.

“To give these rogue agencies another $70 billion now when they still have $100 billion in the bank from last year would implicate all of us in the escalating corruption and shameful actions of this department,” said Rep. Jamie Raskin of Maryland, the ranking Democratic member on the House Judiciary Committee.

Republicans countered that they were fulfilling their duty to safeguard the nation and support the men and women charged with enforcing the law.

“Democrats can say whatever they want, but what it’s about is public safety. What’s it about is keeping Americans safe,” said Rep. Michelle Fischbach, R-Minn.

Freking and Mascaro write for the Associated Press.

Important message for anyone with a package holiday booked

Travel expert Simon Calder has shared important advice for anyone with a package holiday booked, as people are being urged to act ‘as soon as possible’. His message comes ahead of the peak travel season, and as new research by Citizens Advice has revealed that four million people have faced issues with their package holiday over the last year.

On today’s (June 8) episode of ITV’s Good Morning Britain, TV host Kate Garraway spoke to correspondent Nick Dixon about the findings. He said: “The complaints that we’ve been hearing about were involving all-inclusive holidays, with many saying they just didn’t ultimately match up to the glossy brochures we see online, or indeed at the travel agents.

“Citizens Advice say that they found 33% of holiday-related complaints ultimately were about things like poor quality hotels, bad food, facilities being unavailable as well – 19% down to customer service.” He added: “Things like long waits on the phone, complaints ignored and administration errors, and 25% of complaints ultimately led to stress, anxiety or upset.

“And if your dream holiday does turn into a wee bit of a nightmare, there are steps you can take… Many of us with these kinds of complaints about our holidays end up trying to fight for compensation, which is why it is so important to keep a record of everything just in case to have any chance of getting money back.”

British travel journalist and broadcaster Simon Calder then spoke to viewers, sharing a crucial message for those with a package holiday, especially if they encounter problems during their trip. He urged holidaymakers to act ‘immediately’.

He said: “If you get to your destination and things aren’t right, maybe there’s a problem with your room, maybe the facilities are simply not as described, then you have to give the travel company immediate notice and allow them the opportunity to sort things out.”

How can I claim compensation for a holiday?

Reporting a problem right away is a legal concept called “mitigating your losses”. If you don’t allow the travel provider to address the room or facilities issue while you’re there, you could really hurt your chances of receiving a full refund or compensation.

Citizens Advice says: “If you’re still on holiday, tell the company or travel agent about the problem as soon as possible. You might be able to get it sorted quicker – like if there’s a problem with the room. If you don’t say anything until you get home, you might get less compensation or none at all.”

The person you need to contact depends on how you arranged your holiday. If you went for a package holiday, reach out to the customer service team of the tour operator you chose.

However, if you organised it yourself or set up a linked travel arrangement, you should contact the accommodation or service provider directly, such as the hotel or the company offering excursions. Make sure you include:

• your booking reference
• clear details of what went wrong
• copies any evidence you have – like photos
• copies of receipts
• how much compensation you want

Citizens Advice adds: “It’s a good idea to send the letter by registered post and keep a copy, so you have proof that the holiday company received it. You can also email them – some of them have online forms. Keep a copy of what you send. If the company makes you an offer that you think is too low, you can ask for more. They might come back to you with a higher offer.”

Of the complaints made to the Citizens Advice Consumer Service, 42% involved all-inclusive packages abroad

More than four million people had problems with a package holiday in the past year, a survey for Citizens Advice suggests. The survey found 76% of adults had been on a package holiday before, and 34% of them had experienced a problem. Some 8% had suffered an issue within the last 12 months specifically, equating to an estimated four million travellers, it said.

The charity said it received about 14 complaints a day about package holidays, including issues such as unexpected changes to the hotel, denied refunds, and poor customer service. Of the 3,500 package holiday complaints made to the Citizens Advice Consumer Service in the past year, 42% involved all-inclusive packages abroad.

A third of complaints (33%) related to the quality of the holiday falling short of the agreed deal, such as hotels being misdescribed, bad food or unavailable facilities. Customer service failures made up 19% of complaints, including long waits on the phone, ignored complaints and administration errors made by firms.

As a result, one in four of those who experienced an issue with a package holiday (25%) said they suffered stress, anxiety or upset, while 17% had to pay extra for daily expenses. Citizens Advice encouraged holidaymakers to check what protections were included within their booking.

One complainant, Zorana, a semi-retired NHS doctor from north-east England, reported spending £6,300 on an all-inclusive, seven-night trip to Lanzarote with her daughter through a UK holiday operator. Torrential rain on the second day resulted in “nightmare” flooding, leaving hotel guests without electricity, water, food or internet.

However the woman said she received no on-site support from their operator, causing them considerable stress. Zorana, 66, said: “We spent the morning on the beach and planned the sauna for later. But when we were eating lunch the rain started and didn’t stop.

“By the time we got to the spa, the hotel told us we couldn’t go in because it was flooded. Half an hour later the electricity had gone. Without electricity, everything stopped. There was no more internet and no more water because the pumps were not working.

“We all gathered in the hotel lobby, to hear what was going on. It was the weekend and reps from all the other travel companies were there, talking with people, reassuring them, giving them information. Some were already distributed to other places. We asked, ‘Where is our rep?’ And we were told he doesn’t work on weekends.

“We were very angry. Hotel staff told us our travel company was always a problem and never helped people. We came home after five days and I started to chase the travel company for a refund. But the customer service adviser said they can’t deal with it because compensation was offered. But their offer was not adequate.

“I mentioned the lack of support, the delay, the value of the holiday, that I had to find and pay for another hotel, and because of this it was reasonable that they should give me all my money back. I feel a victim twice over because I had the stress of our holiday being ruined, and then months of trying to get compensation.”

Citizens Advice consumer spokeswoman Jane Parsons said: “Too often, people are left stressed and disappointed when their dream holidays are spoiled because they’re not getting what they paid for. To make matters worse, they’re having to spend a lot of time and effort trying to resolve issues, sometimes with no luck.

“A record of any issues that occur and evidence should be kept – like clear details of what went wrong and when, photos and receipts. If something goes wrong with your holiday you might be able to get compensation from the company you booked with. You should tell them about any issues as soon as possible – if you don’t say anything until you get home you might get less compensation, or none at all.”

Chartered Trading Standards Institute chief executive John Herriman said: “This research highlights the real impact poor practice in the travel sector can have on consumers, specifically the problems for consumers booking holidays online, particularly through social media.

Left out of pocket

“Too many people are left out of pocket or dealing with stress when holidays don’t meet what was promised. What should be a time to relax and unwind can turn into the opposite. While it’s vital consumers understand their rights, check the protections included and keep clear records if something goes wrong, businesses must meet their legal obligations and ensure they deliver the standard of service people have paid for – and resolve issues raised quickly.

“Strong consumer protection depends on both informed consumers and responsible traders.”

Consumers are entitled to compensation for a holiday if it was lower in value than the one booked, spending extra money was required because of a problem, a large part of the booked services were not provided, something goes wrong that causes distress or disappointment or if the holiday was completely ruined.

Yonder surveyed 2,018 adults between April 17-19 about their experiences with package holidays, including problems. Respondents were asked to exclude issues outside the operator’s control, like geopolitical events or natural disasters.

EasyJet has issued a new statement this Saturday, May 2 as UK travellers consider their holiday plans amid concern over jet fuel shortages

EasyJet has issued a new update for UK travellers currently looking to book their summer flights. Holidaymakers up and down the country are busy making plans for the warmer months ahead.

However, they are doing so amid uncertainty hanging over parts of the airline industry. This follows jet fuel shortages brought about by the effective closure of the Strait of Hormuz by Iran.

Lufthansa has already confirmed that 20,000 of its flights are to be axed as a result. Industry experts warn that further airlines are likely to slash their capacity in the coming weeks – with Ted Wake, managing director of Kirker Holidays, last week predicting that “I think other airlines within the UK market will be doing something similar.”

Across the Atlantic, we reported earlier today that budget carrier Spirit Airlines has announced it is grounding all of its flights, as the jet fuel crisis, combined with mounting financial pressures, pushed the airline to the edge of collapse. easyJet has now set out new commitments to customers alongside a fresh statement.

It is all part of a bid to put the minds of UK passengers at rest as they weigh up their summer travel options. Ryanair and Wizz Air have also moved within the past 24 hours to offer their own reassurances to British holidaymakers.

In a statement released today, easyJet said: “easyJet is not seeing any disruption to fuel supply. We continue to operate our flights and package holidays as normal, are not making changes and intend to operate our full summer schedule. We remain in close contact with suppliers who continue to provide uninterrupted supply and are diversifying exporting from additional countries globally to bolster supplies going forward.”

easyJet made the latest statement as it introduced new measures designed to give UK travellers greater peace of mind when booking flights. The airline has unveiled a ‘Book with Confidence Promise’ in a move to reassure passengers ahead of the summer season.

The carrier says it is guaranteeing that customers won’t be hit with post-booking price rises or fuel surcharges. easyJet says it plans to operate its complete network schedule, which includes more than 50 million seats and 30 new UK routes.

According to the airline, the ‘Ultimate Flexibility’ policy enables holidaymakers to amend or cancel their bookings up to 28 days prior to departure. Kenton Jarvis, CEO at easyJet said: “We understand that global events may affect travellers’ confidence at the moment, but we believe that everyone has a right to book their flights and holidays with confidence.

“That’s why we’re launching our ‘Book with Confidence Promise’. Our customers won’t be charged any more after they book, including no fuel surcharges, and package holidays customers can continue to benefit from Ultimate Flexibility when they book with easyJet Holidays.”

Jet2, easyJet and TUI have all pledged not to impose additional charges on travellers for fuel price increases. In new remarks published today, Michael O’Leary, the boss of Ryanair, Europe’s largest airline, told The Times that 80 per cent of its fuel supply until March 2027 had been secured in advance. He confirmed the company would not be reducing any flights, despite the crisis costing the firm approximately £37 million each month in extra fuel costs on its unhedged supply.

Eddie Wilson, chief executive of Ryanair, warned that rival airlines could soon begin “gouging” their schedules should prices remain elevated. He said: “What’s going to happen with airlines that are not financially robust, they either have to decide whether they are going to continue flying at a loss or start gouging their schedules. That’s not something we are contemplating.”

Meanwhile, Wizz Air has also moved to reassure customers. Speaking to renowned UK travel broadcaster and journalist Simon Calder on his Independent travel podcast, the airline expressed confidence that it will deliver a full schedule of flights this summer.

“We have just launched our biggest-ever network from the UK and in particular from Luton,” said Yvonne Moynihan, managing director of Wizz Air UK. “Despite the challenging geopolitical crisis, business goes on as usual. In airlines, we are well used to crises, so we are resilient and we’re well adapted.

“For low-cost airlines like Wizz in the UK, we don’t see any shortage of fuel.” She said that if jet fuel shortages affected the UK, the airline would get fuel from elsewhere.

“We can take more fuel than is required in those destinations,” she said. “We can even fly to other countries and and pit-stop, if you will, if we need additional fuel.

“But we’re not seeing an Armageddon situation. We have fuel supply. We have other mechanisms for uplifting fuel.”

A Jet2 spokesman said: “We remain in continual dialogue with our fuel suppliers, as is standard practice. Based on the conversations we have been having, we see no reason not to look forward to operating our scheduled programme of flights and holidays as normal.”

Airlines UK said: “UK airlines continue to operate normally and are not experiencing issues with jet fuel supply.”