IATA's Walsh says current jet fuel crisis is not on the scale of covid, demand for flying continues to be strong
Every headline is on the live feed 20 minutes before this site.
Eli Lilly (LLY) has signed a deal with AI startup profluent worth up to USD 2.25bln to find new ways to edit DNA
UK Chancellor Reeves says she will do all she can to help renters when asked about a possible freeze for private-sector rents
IATA's Walsh says current jet fuel crisis is not on the scale of covid, demand for flying continues to be strong
S&P Global Inc. (SPGI) Q1 2026 (USD): Adj. EPS 4.97 (exp. 4.82), Revenue 4.17bln (exp. 4.07bln), Adj. net income 1.48bln (exp. 1.44bln)
Starboard delivers letter to Dynatrace (DT) and looks forward to continuing constructive engagement with Dynatrace management and board
On the Newsquawk feed at , 20 minutes before this page.
- The concern is for a potential shortage during the peak summer period in the Northern hemisphere.
- Jet fuel shortage will affect Asia first, then Europe, then Africa and Latin America
- Rationing of fuel in Asia and Europe could lead to some flight cancellations
- There's no way airlines can absorb the massive increase in costs, will have to pass to consumers
Context
IATA's observations on the jet fuel crisis illuminate concerns about potential shortages during the peak summer travel season, particularly in Asia and then Europe. This situation could lead to flight cancellations and increased costs for airlines, ultimately impacting consumer prices. Given that demand for flying remains robust, this is a critical development that could pressure airline stocks and influence commodity markets, particularly oil.
Related headlines
- US EQUITY OPEN: Stocks mixed at the open as AI stock rout continues1 day ago
- Week in Focus 19-23rd October 2026: Highlights include UK, Japan and Canada inflation, China Activity Data and Global Flash PMIs 1 day ago
- US Market Wrap: Stocks hit as AI growth concerns weigh on sentiment 1 day ago
- US FX WRAP: Dollar weighed by Warsh avoiding forward guidance 1 day ago
- CRUDE WRAP: WTI (X6) SETTLES USD 3.44 HIGHER AT USD 101.41/BBL; BRENT (Z6) SETTLES USD 3.94 HIGHER AT USD 109.86/BBL1 day ago
- US President Trump says US economy has never been stronger; regarding oil drilling in Texas, nobody can take a chance on it1 day ago
- US President Trump says Israel has been helpful to Saudi Arabia1 day ago
- US President Trump says he wants the Russia/Ukraine war ended; on Zelensky/Ukraine, says at some point I'll release details; I think it's good; will get a deal on nuclear arms with Russia and China1 day ago
- US President Trump, when asked about the Ukraine starlink slowdown, says i did not slow it down1 day ago
- US Midterm Preview: Democrats Favoured to Flip the House, Senate Too Close to Call1 day ago
- Newsquawk European Market Wrap - 16th October 20261 day ago
- Newsquawk Weekly Economic Calendar - 19th-23rd October 20261 day ago
- US White House Press Secretary says on inflation, US President Trump is doing everything he possibly can1 day ago
- Newsquawk Daily US Opening News - 16th October 20262 days ago
- [MARKET ANALYSIS] Crude benchmarks softer as Trump states Iran asked for a halt to strikes; spot gold moves a little higher2 days ago
- Weekly US Earnings Estimates: 19th-23rd October 2026: Earnings pick up with META, TSLA, SPCX, LRCX, and NFLX the highlights1 day ago
- Nvidia (NVDA) expands tools for building AI-powered games with Unreal Engine 51 day ago
- US FAA is set to approve certification for the Boeing (BA) 737 MAX 10, sources report; potentially as soon as in the next week1 day ago
- Daily US Earnings Estimates: 19th October 2026: FITB, WRB, and STLD1 day ago
- T-Mobile (TMUS) downside attributed to a terminated relationship with SpaceX (SPCX) - UNCONFIRMED1 day ago
The feed had this first.
Use the Platform