European airport industry representatives have issued a severe warning regarding an imminent jet fuel shortage, predicting that disruptions could hit within the next three weeks, threatening major travel plans and the continent's economy.
The Warning from ACI Europe
ACI Europe, the industry body representing airports across the European Union, warned that a potential supply crunch could severely derail airport operations and air connectivity. In a letter addressed to the EU Commissioner for Sustainable Transport and Tourism, the group highlighted the critical dependence of the European economy on stable energy sources.
According to the industry body, the primary concern stems from the stability of global energy routes. ACI Europe stated:
- "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."
Economic and Travel Implications
The potential shortage is particularly alarming given the timing, as it coincides with the peak summer travel season. The disruption is expected to cause significant economic damage across the EU.
Air connectivity is a vital economic pillar for Europe, generating substantial revenue and supporting employment. The group provided the following figures:
- GDP Contribution: Air connectivity generates €851 billion (nearly $1 trillion) in GDP for European economies.
- Employment: The sector supports approximately 14 million jobs across the EU.
Call for EU Action
In response to the escalating energy crisis triggered by Middle East conflicts, ACI Europe urged the European Union to take immediate action. The industry body stressed the necessity of prioritizing stable fuel supply to mitigate the potential fallout.
ACI Europe concluded its warning by stating that it is "essential that the EU prioritizes the availability and stable supply of jet fuel as part of its response to the oil and energy crisis triggered by the conflict in the Middle East."
