Airports across Europe could face “systemic” jet fuel shortages within three weeks if the Strait of Hormuz remains closed, an airport industry group has warned.
Airports Council International Europe, which represents over 600 airports in 55 countries, sent a letter to the European Commission, warning that a fuel crunch would “significantly harm the European economy”.
The group said “the impact of military activity on demand” was further straining supplies.
Air connectivity contributes €851 billion in gross domestic product annually for European economies and supports 14 million jobs, with airports handling 26 per cent of Europe’s exports by value, based on data up to 2019 from an ACI study.
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