Europe’s smaller airports ‘under threat’ if fuel shortages cause many cancellations

The Guardian World ·

Europe’s smaller airports ‘under threat’ if fuel shortages cause many cancellations

Europe’s smaller airports may not survive if jet fuel shortages triggered by the Middle East crisis lead to widespread route cancellations, the industry’s trade body has warned. …

Europe’s smaller airports may not survive if jet fuel shortages triggered by the Middle East crisis lead to widespread route cancellations, the industry’s trade body has warned. Although airlines insist there are currently no supply problems within the normal four- to six-week horizon, the US-Israel war on Iran and the effective closure of the strait of Hormuz have doubled the price of jet fuel, prompting some carriers to cancel flights. The Airports Council of Europe said regional airports were the most exposed and faced an “existential threat” if airlines cut capacity and raised fares, as demand on their routes was generally more price-sensitive – demonstrated when Lufthansa axed 20,000 summer flights operated by its regional subsidiary, CityLine. Olivier Jankovec, the director general of ACI Europe, said that smaller regional airports had still not recovered since the Covid pandemic, with traffic still 30% below 2019 levels, while larger ones had bounced back to growth. He said: “The current levels of jet fuel prices and the prospect of a new cost of living crisis mean that many regional airports across our continent are likely to face both a supply and demand shock. For them, this is nothing short of an existential threat.” The body said that troubles risked being exacerbated by the full implementation of the EU’s entry-exit system (EES), which in theory should demand that all applicable non-citizens must now submit biometric information on arrival at the border. …

Original source: The Guardian World

Mentioned

Hormuz · Middle East · Donald Trump