The CEO of Swiss Air says there isn’t a fuel shortage right now and is looking at backup measures.

“The forecasts from our suppliers – oil companies and refineries – are currently good,” SWISS CEO Jens Fehlinger told the Neue Müncher Zeitung.

Due to the U.S.-Iran confrontation, which has reduced supplies and caused energy prices to soar, European airlines have warned of possible jet fuel shortages within weeks, which might hamper the summer travel season.

Africa or Asia would be the first regions to experience a kerosene shortage. As of right now, there are no indications of that,” he told NZZ.

Fehlinger stated that the airline and its parent business, Lufthansa Group, were developing backup plans, such as “tankering,” in which planes would completely fill up at a location with plenty of supply, even while the prognosis is still stable.

Regulations now prohibit such activities, but Fehlinger said there may be talks with legislators to reopen the door.

Strategic refueling stops at well-stocked airports along flight routes, like Vienna for flights to Asia, are another option, he said.

Fehlinger informed NZZ that continuously high oil costs will probably eventually affect fares.

By hedging roughly 80% of its kerosene needs for the year, SWISS was able to protect itself against recent fuel market volatility and lessen the immediate effects of price increases.

According to him, the airline’s fuel-related expenses have only increased by 20% thus far.