The German Airports Association warns of millions of flights being canceled due to high kerosene prices
Berlin, May 9, 2017 – The German Airports Association warned of the possible cancellation of millions of flights and the rise in air ticket prices, in light of expected gaps in kerosene supplies.
The Federation’s Executive Director, Ralf Beisel, said in statements reported by the German newspaper “Welt am Sonntag” scheduled to be published tomorrow, Sunday, that there are fears of canceling more flights on low-cost airlines and destinations that do not have great tourist attraction.
He added that the best possible scenario for the year 2026 is a stagnation in the number of passengers, while the worst scenario is a decrease in operational capacity in some airports by 10%, expecting this to affect up to 20 million passengers.
Bayzel pointed out that there are some destinations that may not be operated at all, and flights to other destinations may become rare and ticket prices may rise.
The prices of jet fuel “kerosene” rose sharply due to the disruption of oil shipments in the Strait of Hormuz due to the Iran war, which prompted some airlines to cancel a number of their flights.
Bayzel said: “Kerosene prices have doubled more than two months ago compared to their prices before the war, and we do not expect a return to normal in the coming months, and even if kerosene remains available, airlines will not be able to carry out transportation.”
“A lot of flights are economically viable based on these prices.”
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