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Europe’s airport industry has warned that jet fuel shortages could hit within three weeks, disrupting summer travel and “significantly” harming the European economy.
ACI Europe, which represents airports across the European Union, said on Thursday that a supply crunch would derail airport operations and air connectivity.
In a letter to the EU Commissioner for Sustainable Transport and Tourism Apostolos Tzitzikostas, shared with CNBC, the industry body warned of the “harsh economic impacts” fuel shortages would have on the European economy.
“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 letter said.
