Polish Airports (PPL) officials stated on Wednesday that aviation fuel supplies remain secure in Poland, despite ongoing conflict in the Middle East.
Impact of Middle East Conflict on Fuel Markets
PPL board member Adam Sanocki reported on Wednesday that there is currently no risk of restrictions in aviation fuel supplies, and the situation remains under control. He also expressed hope that the suspension of conflict in the Middle East would mark the beginning of market stabilization.
“From our perspective today, we do not see any risk of fuel rationing (aviation fuel – PAP), everything seems to be under control,” Sanocki told reporters.
Fuel Reserves Across Airports
According to PPL calculations, the situation in the Middle East has an 8-10 percent impact on the revenue of Warsaw Chopin Airport.
Citing data from Airports Council International (ACI), PPL representatives indicated that 79 percent of airports within the organization have fuel reserves at pre-conflict levels. Seven percent have slightly lower reserves, while another 7 percent have reserves reduced by 5-20 percent. 3.5 percent of airports have reserves lower by over 20 percent, and another 3.5 percent do not know their current levels. This data is as of March 31st.
Risk Assessment of Supply Disruptions
The same report shows that 38 percent of airports identify a moderate risk of disruption to aviation fuel supplies, 28 percent see a low risk, and 17 percent believe there is no such risk. According to 10 percent of ports, the risk is high, and 7 percent responded: “we do not know.”
Radom Airport as Potential Hub
Sanocki also informed that Radom Airport could serve as a base for aircraft from Middle Eastern countries, with two aircraft from the region already stationed there. Recent media reports suggest these belong to Israeli airline El Al.
“Radom is open to cooperation, the space is available. We are receiving certain signals, but I do not want to reveal further decisions yet, as these decisions belong to us, but we see certain potential in this area,” Sanocki emphasized.
Conflict and Strait of Hormuz
The conflict in the Middle East has been ongoing since February 28th, following attacks by the US and Israel on Iran. Donald Trump announced on Wednesday an agreement for a two-week ceasefire, contingent on Iran immediately opening the Strait of Hormuz. Since Iran blocked the strait, traffic through this strategically important oil shipping lane has decreased by over 90 percent. MarineTraffic reported on Wednesday that two ships transited the Strait of Hormuz.
PPL Overview
PPL is a leading entity in Poland’s air transport infrastructure, including Warsaw Chopin Airport. PPL is also the dominant entity within the PPL Capital Group, holding shares in 17 companies, including airport managers. The company is owned by the State Treasury. (PAP)
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