European airports may face a severe aviation fuel shortage within the next three weeks if transit through the Strait of Hormuz is not fully restored.
This is reported by Finway
Threat to the EU Transport Sector
This conclusion was reached by Airports Council International Europe, which represents over 600 airports and controls 95% of air traffic on the continent. In a letter to European Commissioner for Transport Adina Vălean, representatives of the organization expressed deep concern about the state of aviation fuel supply and called on the European Union to actively monitor the situation and respond immediately.
“If shipping through the Strait of Hormuz does not stabilize and resume significantly within the next three weeks, a systemic aviation fuel shortage will become a reality for the EU,” the letter states.
Price Increases and Impact on Air Transport
The situation is complicated by the approaching peak summer season, when air transport is a key component of the tourism industry, affecting the economies of many European Union countries. Since the beginning of the war in the Middle East, the price of aviation fuel in Northwestern Europe has doubled – from $750 to $1,573 per ton.
Representatives of European airlines claim that fuel supplies are currently sufficient for a few weeks, but suppliers cannot guarantee stable delivery after May.