Industry leaders warn shortages could emerge within weeks, raising risks of cancellations and economic fallout

By yourNEWS Media Newsroom

Airlines and airport operators across Europe are preparing for potential disruptions to flight operations as concerns grow over a looming shortage of jet fuel tied to ongoing instability in global energy supply routes.

According to a report by CNBC, industry officials have warned that fuel availability could become critically constrained within the next three weeks if key shipping routes remain unstable. The warning comes as Europe approaches its peak summer travel season, a period that typically drives significant passenger volume and economic activity.

ACI Europe, which represents the region’s airports, issued a formal communication to European Union officials outlining the urgency of the situation. In a letter addressed to EU Commissioner for Sustainable Transport and Tourism Apostolos Tzitzikostas, the organization stated, “At this stage, we understand that if the passage through the Strait of Hormuz does not resume in any significant and stable way within the next three weeks, systemic jet fuel shortage is set to become a reality for the EU.”

The group emphasized the potential scale of the impact, noting that air travel contributes nearly $1 trillion to European gross domestic product and supports approximately 14 million jobs. “It is essential that the EU prioritizes the availability and stable supply of jet fuel as part of its response to the oil and energy crisis triggered by the conflict in the Middle East,” the letter added.

Fuel price volatility has already intensified. The International Air Transport Association reported that jet fuel prices rose by 103% in March following the escalation of military activity involving the United States, Israel, and Iran. In the United States, prices also surged sharply, with figures cited by CNBC showing an increase from $2.50 per gallon in late February to $4.88 per gallon by early April.

Airlines are beginning to take precautionary measures in response to the uncertainty. Germany’s Lufthansa is developing contingency plans that could include grounding portions of its fleet. Scandinavian carrier SAS has already announced the cancellation of approximately 1,000 flights this month, while Ryanair indicated it may reduce capacity and cancel additional flights if fuel supply constraints worsen.

Industry officials warn that without stabilization in fuel supply chains, the effects could extend beyond airlines to broader economic sectors reliant on air travel and tourism. The coming weeks are expected to be critical as policymakers and industry leaders monitor developments and assess potential mitigation strategies.

Original article