{"id":1581,"date":"2026-06-17T06:12:01","date_gmt":"2026-06-17T06:12:01","guid":{"rendered":"https:\/\/crosscountrymovingteams.com\/?p=1581"},"modified":"2026-06-17T06:12:01","modified_gmt":"2026-06-17T06:12:01","slug":"the-jet-fuel-crisis-never-existed-sources-say","status":"publish","type":"post","link":"https:\/\/crosscountrymovingteams.com\/?p=1581","title":{"rendered":"The jet fuel crisis never existed, sources say"},"content":{"rendered":"<div>\n<p>\u201cWe have not seen any shortage of fuel anywhere, whether it\u2019s domestic in the United States or for European travel,\u201d said Jamie Walker, executive chairman of Jet Linx, a company that manages private jet fleets. Jet Linx has about 100 planes in 22 locations.<\/p>\n<p>Read more <a href=\"https:\/\/crosscountrymovingteams.com\/?p=1579\">Gulf private credit opportunities shine amid global\u00a0volatility<\/a><\/p>\n<p>\u201cWe have obviously seen price increases, but we have not seen shortages in any of the airports that we\u2019ve operated into.\u201d<\/p>\n<div>\n<div>\n<div><\/div>\n<\/div>\n<\/div>\n<p>Previously, Greg Raiff, CEO of private jet services company Elevate Jet, told <em>Fortune<\/em> the same thing.<\/p>\n<p>In fact, sales are up 80% on Jet Linx\u2019s jet cards, Walker said. \u201cProduction of fuel has gone up by 6X, and so the U.S. is actually exporting a ton of fuel right now to Europe to overcome that shortage.\u201d<\/p>\n<p>\u201cAs an airline, we\u2019re not seeing what they\u2019re saying. There\u2019s zero issue with [jet fuel], we\u2019re buying from the same pump.\u201d<\/p>\n<p>Read more <a href=\"https:\/\/crosscountrymovingteams.com\/?p=1577\">U.S.-Iran interim deal: What could a Gulf bounce back look like?<\/a><\/p>\n<p>Officials now say the same thing. Saudi Arabia is projected to ship more jet fuel in June than it did before the strait was closed: an estimated 118,000 to 140,000 barrels per day, Reuters reported.<\/p>\n<div>\n<div><\/div>\n<\/div>\n<p>\u201cThere \u200bis currently no jet fuel shortage in Europe. We have no signs that we will have a shortage in \u200bthe coming period,\u201d European Union transport commissioner Apostolos Tzitzikostas said in early June. \u201cSome airlines are choosing to cancel some of their routes that didn\u2019t make any economic sense,\u201d he \u200bsaid.<\/p>\n<p>Elevate\u2019s Raiff previously told <em>Fortune<\/em> that he suspected the flight cancellations were driven by commercial airlines wanting to weasel out of routes that became less lucrative as the price of jet fuel went up.<\/p>\n<p>Read more <a href=\"https:\/\/crosscountrymovingteams.com\/?p=1575\">Vietnam is becoming the hottest tourist hotspot in Southeast Asia\u2014and trying to avoid Thailand\u2019s mistakes<\/a><\/p>\n<div>\n<div>\n<div><\/div>\n<\/div>\n<\/div>\n<div>\n<div><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u201cWe have not seen any shortage of fuel anywhere, whether it\u2019s domestic in the United States or for European travel,\u201d said Jamie Walker, executive chairman of Jet Linx.<\/p>\n","protected":false},"author":1,"featured_media":1580,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[284],"tags":[],"class_list":["post-1581","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-private-jets"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - 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