Many airlines have made decisions to reduce their exposure to high kerosene prices and the difficulties in compensating for the refining capacities that have been lost in the Middle East due to the United States and Israel conflict against Iran.
Of all the airlines operating to Lanzarote, the Lufthansa Group, which includes not only Lufthansa but also other major ones like Brussels Airlines, has been the one that has announced the most cancellations with 20,000 flights cancelled.
However, the majority are from its subsidiary CityLine, which operates domestic German flights or flights near Germany, and not from Discover Airlines, one of its holiday brands that does have frequent flights to Lanzarote.
The group IAG, owner of Iberia, Iberia Express, Vueling or British Airways, which connect thousands of people in Lanzarote with the mainland and other destinations, explained they have secured 62% of their fuel for all of 2026.
In the specific case of Volotea, a new pricing policy that links ticket prices to fuel costs was introduced. Instead of raising the base price of all tickets, they review the price of Brent crude just 7 days before the flight.
Thus, if fuel has risen, Volotea can charge you a surcharge of up to 14 euros per passenger and journey, while if it falls, the airline commits to returning the difference to you, also with a cap of 14 euros.
For their part, sources from Ryanair, which has a weekly capacity of more than 22,000 passengers to Lanzarote, explained that they have covered 80% of their fuel for fiscal year 2026.
However, Michael O'Leary, the CEO of the company, has warned that they could be forced to cancel up to 10% of their flights during the peak summer season due to the increased cost of the remaining 20%.
Ryanair usually announces these cancellations 14 days in advance to comply with the legal minimum and avoid paying extra compensation to passengers.
In the case of Binter, no announcement has been made in this regard. It should be remembered that Binter has a public service obligation on many of its routes between the Canary Islands.
In addition, the Canary airline has renewed a large part of its fleet with Embraer models that consume up to 25% less fuel than older aircraft.
For its part, Easyjet, which has a weekly capacity for 10,200 people with Lanzarote, does not plan flight cuts, although it warned of losses in the first half of the year, between 630 and 655 million euros, including about 30 million euros in additional fuel costs in March.
Garry Wilson, chief executive of EasyJet Holidays, stated: “We want to offer our customers complete peace of mind that no surcharges will be added to their flights or holiday packages.”
TUI, with capacity in its different forms for more than 6,000 weekly travelers to Lanzarote, has announced a cut in its profit forecasts of between 1,100 and 1,400 million euros less than expected due to the conflict in Iran.
However, TUI has revealed that it has covered (purchased at a fixed price) 83% of the fuel for the summer of 2026. TUI originally).
Furthermore, TUI is diverting part of its capacity from the Eastern Mediterranean to "safe" destinations such as Lanzarote, so routes to the island remain a strategic priority.
For its part, Jet2.com usually includes review clauses in its vacation packages, although they try to keep prices fixed for reservations already made.