business / news / / The Independent
Airports across Europe could face “systemic” jet fuel shortages within three weeks if the Strait of Hormuz remains closed.
European airports could face systemic jet fuel shortages within three weeks if Hormuz remains closed.
KEY POINTS
- Airports Council International Europe has formally urged the EU for immediate policy interventions on jet fuel imports.
- Ryanair's fuel suppliers can only guarantee supply until mid-to-end May under current conditions.
- Jet oil prices have doubled in March, with airlines expected to raise fares after Easter.
COMPANIES
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