Binter Holds Fares and Flight Schedules Despite Fuel Price Surge

Binter has confirmed that it will maintain both its current flight schedules and ticket prices despite the sharp rise in fuel prices.

The increase in fuel prices has already led several airlines to cancel flights and raise fares. However, the Canary Islands-based carrier says passengers will not see any immediate impact.

Speaking to La Voz, company sources explained that fares on inter-island routes are regulated under Public Service Obligations (PSOs), meaning any additional operating costs must be absorbed by the airline rather than passed on to travellers.

Binter also stated that it is not currently increasing prices on its other routes despite the rising fuel costs.

The airline attributed this stability to fuel hedging agreements used by many carriers operating in Spain. These contracts secure a large percentage of kerosene supplies at prices agreed before the conflict escalated, shielding airlines from the worst of the market volatility.

According to Binter, only a small portion of its fuel purchases is currently exposed to the steep price fluctuations, helping the company manage costs in both the short and medium term.

The airline also confirmed there will be no reductions or adjustments to its planned flight programme, saying all scheduled services will continue as normal.