Private jets

Normal flows of fossil fuels from the Gulf have effectively been at a standstill since the war broke out and the Strait of Hormuz was blockaded, leading to shortages and flight cancellations

Billionaires and the ultra-rich are taking more and more private jet flights despite a jet fuel crisis in commercial aviation.

While major airlines cancel tens of thousands of flights due to jet fuel issues caused by the Iran War, chartered and private aviation is booming, according to analysis shared with the Mirror.

“Aside from the Middle East, the global private jet industry has not been affected by rising fuel costs,” Nick Koscinski, analyst at WINGX Advance aviation data firm, told the Mirror. “In fact, global private jet flights are up 4.7% year-to-date through 19 April.”

In US cities that have been hit by Transportation Security Administration staff shortages amid a pay freeze, there have been much higher usage rises, with a 17% yearly increase in Washington, DC, and Houston.

Normal flows of fossil fuels from the Gulf have effectively been at a standstill since the war broke out and the Strait of Hormuz was blockaded. A fifth of the world’s oil and gas typically flows through the Strait.

Last week, global jet fuel shipments fell to the lowest recorded level. Just under 2.3m tonnes of jet fuel and kerosene were transported on ships in the seven days to 26 April, according to data company Kpler. The figure represents less than half the average weekly volume shipped before the war. Earlier this month, the International Energy Agency warned that Europe could run out of jet fuel in weeks.

WINGX Advance analysis notes that Jet A1 prices have approximately doubled since January, and they represent about 30% of variable operating costs for private jet operators.

“So this cost is significant. Our impression is that the cost increase has largely been passed through to end-users. As flight activity for private jets is up this year vs last year, clearly demand seems to be inelastic at least for now,” analyst Richard Koe added.

Flying in a private jet is one of the most fuel-intensive, emissions-spewing activities a human can engage in.

Overall, private aviation emissions increased by 46% between 2019 and 2023, with industry expectations of continued strong growth, according to a Nature journal Communications Earth & Environment study.

It also found that most of these small planes spew more heat-trapping carbon dioxide in about two hours of flying than the average person does in about a year.

In 2023, roughly a quarter million of the super wealthy, who were worth a total of $31 trillion, emitted 17.2 million tons (15.6 million metric tons) of carbon dioxide flying in private jets. That’s about the same amount as the overall yearly emissions of the 67 million people who live in Tanzania.

Stefan Gössling, a transportation researcher at the business school of Sweden’s Linnaeus University, said the issue wasn’t so much the emissions, which remain a small part of those produced globally, but the lack of fairness.

“The damage is done by those with a lot of money and the cost is borne by those with very little money,” Gössling said. A separate report by Oxfam claimed that billionaires emit more carbon pollution in 90 minutes than the average person does in a lifetime.

It comes as the UK Government today, Sunday, May 3, introduced a rule change allowing airlines to group passengers from different flights together

Wizz Air has issued an update to passengers this Sunday afternoon confirming its flight plans. The airline’s latest statement follows new official measures unveiled today, Sunday, May 3, by the Government.

The Government has brought in a temporary rule change permitting airlines to consolidate passengers from different flights onto fewer aircraft as part of efforts to conserve fuel. This follows warnings of a potential jet fuel shortage ahead of the busy holiday season if the Strait of Hormuz remains closed.

Asked this morning whether holidaymakers travelling abroad are likely to encounter difficulties this summer, Ms Alexander told Sky News’ Sunday Morning With Trevor Phillips: “I’ve spent every week of the last two months in close contact with airlines and airports.

“On Thursday of this week, airlines told me very clearly that they have good visibility over the next six to eight weeks of jet fuel supply. There is no current disruption to jet fuel supplies.

“We are, for example, importing more jet fuel from America. We have asked the refineries in the UK to maximise their production. We’ve got four refineries here, refineries in West Africa are also producing more.”

She continued: “The last thing I want is for people to turn up at a departure gate and have last minute cancellations. I am confident, sat here today on the basis of the information that I have available to me, that the majority of people who are travelling this summer will have a similar experience to that which they had last year.”

Her comments come as airlines worldwide take action in response to soaring jet fuel prices. These have been triggered by Iran’s effective closure of the Strait of Hormuz, blocking off one of the world’s crucial routes for jet fuel distribution to other countries.

Lufthansa recently revealed plans to axe 20,000 flights as it scales back capacity to cope with jet fuel shortages. UK carriers have also issued statements in a bid to put customers’ minds at ease.

Among them, Jet2 confirmed it will not impose surcharges on any existing flight or holiday bookings to offset rising costs, such as those for jet fuel. Now Wizz Air has released a fresh statement following the government’s latest proposals.

Speaking today, an airline spokesman said: “Wizz Air acknowledges today’s announcement by the UK government and would like to reassure customers that its operations remain fully stable and unaffected.

“The airline confirms that it plans continue to operate its full summer schedule, flying passengers safely and reliably to their destinations across its extensive network. Wizz Air is working closely with its partners to ensure seamless operations throughout the peak travel season.

“Customers can book with confidence on Wizz Air’s wide selection of routes from more than half a dozen airports across the UK, connecting travellers to popular destinations across Europe and beyond.”

New government rules amid jet fuel shortage fears

The Government’s airline rule change could result in passengers being switched from their originally booked service to a comparable one in order to cut down on wasted fuel from aircraft that haven’t sold out and may otherwise have been cancelled.

Consumer group Which? has hit out at the move, arguing that rules should not be “bent in favour of airlines”. Shadow transport secretary Richard Holden warned that families could find themselves “herded on to a different plane, at a time of the airline’s choosing”.

“The honest message is that Britain is exposed to fuel supply risks that a properly energy-secure country would not face,” he added. Green Party leader Zack Polanski has called for private jets to be grounded in a bid to conserve fuel.

“While ordinary people pay the price, the super rich are simply getting in their private jets at will – wasting huge amounts of jet fuel on unnecessary trips,” he said.