Global Airline Industry Boss Warns Jet Fuel Supply May Take Months to Recover

Willie Walsh, director general of IATA, said that data from April and May would provide a clearer picture of the ​scale of disruption.

International Air Transport Association (IATA) Director General Willie Walsh in Doha, Qatar, on June 19, 2022. Imad Creidi/Reuters

The head of a body representing global airlines said on April 8 that it would take months for jet fuel supplies to recover, even if Iran were to fully reopen the Strait of Hormuz.

Willie Walsh, director general of the International Air Transport Association, told reporters in Singapore on April 8 that he expected crude oil prices to fall but that jet fuel costs were likely to remain slightly elevated because of refinery disruptions.