Plane Groundings ‘Distinct Possibility’ Due to Jet Fuel Shortage
President Marcos declared a national energy emergency as airlines plan flight reductions due to jet fuel shortages from Middle East conflict, risking grounded planes in the Philippines.
- On Tuesday, President Ferdinand Marcos Jr. warned that grounding planes is a "distinct possibility" due to jet fuel shortages caused by the war in Iran.
- Because the Philippines relies heavily on imported Middle East crude, it faces higher energy shortage exposure than other nations across Asia, driving spiraling fuel prices.
- Cebu Air plans to reduce flights beginning in April, yet Energy Secretary Sharon Garin said on March 23 that airlines assured the Department they have sufficient fuel orders.
- Marcos declared a national energy emergency late on Tuesday that will remain in force for one year to address the supply disruptions threatening the region.
- Vietnam Airlines is suspending flights on some domestic routes while VietJet Aviation JSC is reducing flight frequency as airlines across Asia map contingency plans.
18 Articles
18 Articles
Plane groundings ‘distinct possibility’ due to jet fuel shortage
MANILA, Philippines — Grounding planes is a “distinct possibility” due to a jet fuel shortage triggered by the war in the Middle East. This is what President Ferdinand Marcos Jr. said on Tuesday. “Several countries have already told our airlines they cannot fuel their aircraft, so they have to carry fuel there and back,” Marcos said in an interview with Bloomberg News. READ: Cebu Pacific scales back int’l flights as MidEast war lifts fuel costs …
Marcos: Jet fuel lack may ground planes
(UPDATE) PRESIDENT Ferdinand Marcos Jr. warned of “a distinct possibility” of aircraft being grounded due to a looming shortage of jet fuel brought by the war in the Middle East.In an interview with Bloomberg, Marcos cited limitations in crude oil supply and slower jet fuel production as key concerns affecting airline operations.“With a scarcity, shall we say, the limitation now on crude supply, the refining of jet fuel takes a longer time. And …
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