The head of the International Energy Agency, Fatih Birol, has issued a warning that European airlines may face a shortage of jet fuel within six weeks. This situation is expected to lead to reduced flight frequencies and increased ticket prices for passengers. Airlines have already started to cut back on their flight schedules in anticipation of the upcoming summer holiday period.
In addition to the fuel concerns, European officials are emphasizing the need to maintain focus on the ongoing conflict in Ukraine. They stress that Russia's economy must not reap benefits from the current energy crisis. The situation presents a complex challenge for both the aviation industry and policymakers as they navigate supply constraints and geopolitical tensions.