IATA Head Says Jet Fuel Supply Recovery Will Take Months
Willie Walsh says jet fuel supply will take months to recover despite the Hormuz reopening. Refining issues continue to pressure global airline operations.
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The global airline industry faces a prolonged recovery period for jet fuel supplies even if the Strait of Hormuz is reopened, according to the International Air Transport Association (IATA). Speaking in Singapore, IATA Director General Willie Walsh noted that disruptions to refining capacity in the Middle East will continue to weigh on the market for several months.
