"Fatih Birol, head of the International Energy Agency, described the situation as 'the largest energy crisis we have ever faced,' highlighting the severe impact on global fuel supplies through the Strait of Hormuz. He warned that Europe has 'maybe six weeks or so [of] jet fuel left,' indicating possible flight cancellations if oil supplies remain blocked."
"John Gradek, an aviation management lecturer, stated that this crisis is the 'worst crisis we've had in aviation, ever,' emphasizing that it surpasses both 9/11 and COVID-19 because there was never an issue with supply during those events. He noted, 'And without fuel, you can't fly.'"
"Max Johnson, a tourism consultant, remarked, 'It's a mad world,' suggesting that the current situation raises questions about travel planning. He firmly believes that the answer to whether we should plan is 'absolutely,' reflecting the uncertainty in the industry."
The ongoing Middle East war has led to a significant energy crisis, causing fuel prices to double and impacting air travel costs. The head of the International Energy Agency warns of severe global repercussions, with Europe facing a potential jet fuel shortage. Experts indicate that the aviation industry is experiencing its worst crisis ever, surpassing previous events like 9/11 and COVID-19 due to supply issues. Air fares are already increasing, with international flights rising by eight percent and domestic fares by nearly 14 percent.
Read at www.cbc.ca
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