Global Jet Fuel Shortage Prompts Production Boost and Bidding War
Amid growing fears of jet fuel shortages and potential flight cancellations, UK refineries have been asked to maximize production, while airlines are facing a bidding war for available supplies. The situation is described as a "global stress test" for the aviation industry.
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UK refineries asked to maximise jet fuel production amid growing supply fears
Government request follows contingency to stop planes being grounded if Iran war supply shocks continue Business live – latest updates British refineries have been asked to maximise jet fuel supply as part of government contingency planning, amid growing fears the Iran war will force planes to be grounded. Energy minister Michael Shanks said the government is closely monitoring UK jet fuel stocks and working with airlines, airports, fuel suppliers and other governments, as carriers face roc...
By Joanna Partridge
Read full article →Jet fuel bidding war breaks out as airlines confront ‘global stress test’ over shortages and cancellations
The continent must "fight for every cargo" in what analysts have dubbed a "global stress test" for the airline industry.
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