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IATA warns of looming jet fuel shortages in Asia and Europe that could jolt airfares
Economy
Published on 29 April 2026
Fuel costs are rising fast — shortages could follow
IATA chief Willie Walsh warns that airlines in Asia and Europe may face jet fuel shortages in the coming months. Soaring fuel costs are already showing up in ticket prices and straining airline resilience. Regulators are being urged to allow slot flexibility due to the extraordinary circumstances, though March traffic and forward bookings are reportedly holding steady so far.
- IATA flags potential jet fuel shortages in Asia and Europe
- Extra-high fuel costs are already pushing up ticket prices
- Regulators are asked to grant slot flexibility for disruption
- March traffic and forward bookings remain largely unaffected
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times