Ruian Airlines: Europe may face aviation fuel shortages in May.
Michael O'Leary, CEO of Europe's largest budget airline, Ryanair, said on April 1st that if the transportation in the Strait of Hormuz remains blocked, the airline may face a fuel shortage of up to 25% in May and June, and there may be a tight supply of aviation fuel in Europe in May. Data from the International Air Transport Association shows that about 25% to 30% of aviation fuel in Europe comes from the Gulf region, making it one of the most severely affected regions in the world by the situation in the Middle East.
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