IATA Warns of Jet Fuel Shortages During Summer Peak

IATA warns that the war in Iran could cause jet fuel shortages and flight cancellations this summer. Asia is expected to face the earliest supply challenges ahead.

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International Air Transport Association (IATA) Director General Willie Walsh expects airlines to cut summer flight schedules as war-driven jet fuel shortages threaten global operations. Asia will face the first supply shocks before the crisis spreads to Europe, Africa, and Latin America. Some flight cancellations may occur if fuel is rationed during the peak travel season, pressuring airline margins and passenger capacity.

Willie Walsh, Director General of the International Air Transport Association (IATA) discusses the Middle East conflict's impact on aviation at Cointrin Airport in Geneva, Switzerland, April 28. REUTERS/Denis Balibouse
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