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Europe faces six-week jet fuel crisis

Europe faces six-week jet fuel crisis

The energy shock resulting from the Iran war has created a critical shortage of kerosene across the continent, threatening to derail the summer travel season.

IATA Director General Willie Walsh stated that flight cancellations could become widespread by late May if shipping routes are not permanently secured.

European regulators are considering emergency measures, including the release of strategic fuel reserves and a coordinated sharing plan among member states.

Passengers are being warned to expect significantly higher airfares and continued schedule volatility for the foreseeable future.

Fatih Birol
Turkish economist and energy expert
Lufthansa
Flag-carrier and largest airline of Germany
KLM
Flag carrier airline of the Netherlands
International Air Transport Association
International trade association for airlines