Lufthansa preparing for jet fuel shortages outside Europe, CEO says

BERLIN, April 1 (Reuters) - Lufthansa LHAG.DE is preparing for possible shortages of jet fuel outside Europe, with the airline seeing early warning signs in Asia as the Iran war disrupts supply routes, CEO Carsten Spohr said in an interview published on Wednesday.

"If shortages in the kerosene supply occur, they are likely to be felt first outside Europe," Spohr told the FAZ newspaper, adding that some Asian airports were no longer accepting additional flights because of limited fuel availability.

The German airline group has hedged more than 80% of its fuel needs for 2026, Spohr said.