IATA warns Europe could face late-May flight cancellations as jet fuel shortages deepen
IATA warned Europe could start seeing flight cancellations by the end of May if jet fuel shortages worsen, prompting rationing planning as ARA hub stocks sit at their lowest level since April 2020.
From the sources (7 posts)
@staunovoJet fuel stocks in independently held storage at the Amsterdam-Rotterdam-Antwerp (ARA) hub fell to their lowest level in more than six years in the week to 15 April, while naphtha inventories dropped to a one-year low, consultancy Insights
@globalmktobserv🚨Asia and Europe are running out of jet fuel: Jet fuel prices rose +70% since the US and Israel launched airstrikes on Iran six weeks ago, to $4.24 a gallon, according to the Argus US Jet Fuel Index. Europe has ~6 weeks of jet fuel remain
@staunovoRT @JavierBlas: Several European governments are now learning — the hard way — why letting most of their national oil refining capacity to…
@staunovoGermany's main aviation lobby group said on Friday that Europe should release strategic jet fuel reserves to mitigate the effects of the Iran war, including a looming supply crunch. BDL, whose members include German airlines and airport op
@staunovo#Poland has not released any jet fuel from reserves so far, Polish deputy energy minister Wojciech Wrochna said on Friday, as European Airlines have been warning of jet fuel shortages within weeks as a result of the Iran war. "There is no
@staunovo“The IEA's assessment of potential jet fuel shortages is sobering. We have also estimated that by the end of May we could start to see some cancellations in Europe for lack of jet fuel. This is already happening in parts of Asia. Along with
@staunovoJet fuel shortage could lead to flight cancellations in Europe, IATA says #oott