When could the kerosene crisis become systemic, against the backdrop of the blockade of the Strait of Hormuz. Warnings from specialists regarding the aviation industry.

The European airline industry is facing a possible fuel shortage for airplanes, as a result of the blockade of the Strait of Hormuz, which could lead to flight cancellations in the coming weeks.

Claudio Galimberti from Rystad Energy warns that the situation could become systemic, with drastic reductions in flights in Europe in May and June.

“The situation in the next three to four weeks could become systemic, so we could already see drastic reductions in flights in Europe starting in May and June,” he added.

The low-cost airline Volotea has already introduced an additional cost following the rise in kerosene prices, while Lufthansa's CEO, Carsten Spohr, warned that the situation in which aircraft remain grounded “could be inevitable” as the fuel crisis hits major airports, according to HotNews.

The International Airports Council (ACI) Europe emphasized that a shortage could affect the peak travel season, generating severe economic impacts, while the director of the International Energy Agency (IEA), Fatih Birol, warned that “Europe may have about 6 weeks of fuel for airplanes left.”

How much does a ton of kerosene cost at Otopeni

“The price of a ton of kerosene at Otopeni before this situation was 800 euros, now it is 1,900 euros. From the base airport, Otopeni, we are already filling the tanks with kerosene (...) because we do not have certainty that we will find kerosene in time at the destination airport,” said Marius Popescu, president of the Romanian Airlines Association – Carpathia, according to TVR Info.

We also remind that the European Union is developing a response plan to avoid a possible fuel supply crisis for airplanes, in the context of geopolitical tensions and risks to import chains.