A global airlines boss has hinted at summer holiday chaos, saying 'it will take months' for jet fuel supplies to recover when the Strait of Hormuz finally reopens. Willie Walsh, director general of the International Air Transport Association (IATA), said jet fuel costs are likely to remain high, affecting airports across the world. The global energy crisis is also particularly impactful for airlines as fuel is their second-largest expense after labour, according to the IATA. Grounded planes, collapsing demand, falling bookings, surging fuel costs and no clear timeline for recovery have left the sector in chaos. Join the discussion Should airlines absorb rising fuel costs or pass them on to passengers?

Source: Daily Mail April 08, 2026 12:48 UTC