France has ruled out the risk of a jet fuel shortage in the immediate future, saying the country’s aviation sector will have sufficient supplies through at least May and June despite soaring prices linked to the war in the Middle East, according to Le Figaro.
French airlines, already heavily impacted by rising fuel costs, had warned about the possibility of shrinking kerosene reserves. However, the government said there are currently no serious concerns, describing the probability of shortages as “insignificant.”
Transport Minister Philippe Tabarot said limited flight cancellations could occur, but stressed such incidents would remain “exceptional.”
With the summer travel season approaching, airlines are considering targeted flight cuts or additional fare increases to preserve profitability.
French authorities said nearly 20% of the aviation fuel used at airports across the country is imported from Persian Gulf states, increasing concerns over supply stability amid the conflict in Iran.
“If previously fuel accounted for around 25% of operating costs, now it is already 45%,” Tabarot said after consultations with aviation industry representatives.
To help carriers manage costs, the minister promised airlines “greater flexibility” in the allocation of airport slots, allowing companies to adjust schedules and reduce fuel consumption.
Economy Minister Roland Lescure ruled out imposing a price cap on aviation fuel or cutting taxes for the sector. Instead, he said airlines would be able to defer payments of taxes, fees and social contributions to ease short-term financial pressure.
Fears within Europe’s aviation industry have grown since the start of the war in Iran, as much of Europe’s fuel supply chain depends on the Middle East.
By Tamilla Hasanova
