Albania with strategic reserves for 5 months, fuel price increase threatens flights and tourism

Rising fuel prices could hit the aviation industry. If the Strait of Hormuz is not fully opened by the first week of May, the Airport Industry Association in Europe warns of a drop in flights ahead of the massive summer tourist season.

All countries, including Albania… already have their eyes on “strategic security reserves.” But for how long are we “protected” from the crisis that will also affect the “Mother Teresa” International Airport?

“We currently have 5 months of fuel secured. If the war and crisis last beyond May, Albania will also face problems with fuel supply for aircraft,” says the Civil Aviation Authority.

But if the conflict in the Middle East does not end and the war continues beyond May, Avicioni says that “Albania will also face problems with the supply of fuel for aircraft.”

The first restrictions have begun in Italy. At 7 airports, refueling of planes that stop for transit to their next destination has been prohibited.

As a result, the Civil Aviation Authority explains that “aircraft are being supplied more than usual in Albania for the full flight itinerary. Excessive fuel consumption in this situation would also call into question the 5-month reserves that the Aviation Authority says it has if the war ends in May.”

When asked whether Albania plans to reduce flights to preserve its current reserves, the Civil Aviation Authority says that such a scenario is not being discussed, as no supply problems have yet emerged.

The price of crude oil on international exchanges jumped again above $100 per barrel at the beginning of the week following tensions in the Strait of Hormuz. / A2 CNN