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The International Air Transport Association (IATA) warns that restoring aircraft fuel supplies to normal levels may take several months, even with the reopening of the Strait of Hormuz. This caution arises from significant damage to refining capacities in the Middle East due to ongoing conflicts.
The President of the International Air Transport Association (IATA) has warned that global aircraft fuel supplies will take several months to recover, even if Iran reopens the Hormuz Strait. This comes amid ongoing disruptions in oil refining operations in the Middle East.
Willie Walsh, Director General of the International Air Transport Association (IATA), stated that the impact of the ongoing war in the Middle East on the aviation sector remains unclear. However, indicators show rising fuel costs and ticket prices due to operational capacity constraints.