From The Economic Times · PTI · · 1m
Airlines face fuel crisis and supply chain struggles
AAPA DG warns airlines face soaring fuel costs and supply chain issues as jet fuel prices surge.
In brief
AAPA DG warns airlines face soaring fuel costs and supply chain issues as jet fuel prices surge. AAPA Director General Wong Hong says airlines face high fuel costs, supply chain problems, and sustainability challenges with jet fuel prices up significantly from a year ago. Originally reported by The Economic Times.
AAPA DG flags airline challenges
AAPA Director General Wong Hong says high fuel prices, supply chain issues and sustainability are main challenges for airlines.
“We are not out of the woods”
Jet fuel prices surge
Jet fuel prices have surged due to west asia crisis, pushing airline operational costs higher.
Aircraft backlog over 16,000
Aircraft backlog is estimated to be over 16,000 units, creating supply chain challenges.
Jet fuel crack spread high
Jet fuel crack spread is highest in many years, requiring government attention for refineries.
Sustainable aviation fuel challenges
Limited SAF production capacity and high costs hinder decarbonisation efforts for airlines.
India's aviation market growth
India is a fast-growing aviation market with over 1,600 planes on order for delivery.
The headline
AAPA Director General Wong Hong says airlines face high fuel costs, supply chain problems, and sustainability challenges with jet fuel prices up significantly from a year ago.
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