In an interview with the Associated Press, Fatih Birol, executive director of the IEA, said there would be a broader economic impact, including “higher gasoline, gas and electricity prices,” with some regions being hit harder than others due to flight cancellations and a spike in airfares in the coming months.
ACI Europe confirms that the disruptions could lead to a systemic shortage of jet fuel. The situation is exacerbated by the fact that, according to CNBC, oil losses in April are likely to double compared to March. The main reason for such panic is the logistical crisis and a sharp reduction in raw material supplies, which has put European airports in an extremely vulnerable position.
Airlines are already looking for ways of “tankering” (when an airplane refuels in excess where fuel is available so as not to refuel at a scarce port), but this increases the weight of the ship and fuel consumption.
In Chisinau – everything is normal
At Chisinau’s Eugene Doga International Airport in April, the situation remains stable, despite Europe-wide fears of fuel shortages.
The airport administration has officially confirmed that the stocks of jet fuel (Jet A-1) are stable and sufficient to fulfill all flights according to the schedule.
Despite the availability of fuel, experts note an increase in its cost (by about 30%), which may lead to an increase in the price of air tickets from Chisinau in the near future.
