Shocks

Industry executives say the crisis is reinforcing concerns that airlines remain highly exposed to fuel market shocks despite years of efforts to diversify supply chains and improve efficiency, writes WOLE SHADARE Governments and aviation executives are increasingly warning that the market turmoil is not a short-term supply shock but part of a broader structural problem facing airlines worldwide: growing dependence on fragile fuel supply chains, limited refining flexibility and the slow development of alternatives to conventional…