Volatility

Unstable global pricing for aviation turbine kerosene (ATK), commonly known as jet fuel, seriously threatens the financial stability and long-term viability of jet fuel suppliers. Without robust risk management and strategic pricing frameworks, marketers face significant exposure to structural operating losses. CITA Energies Limited Chairman and Chief Executive Officer Dr Thomas Ogungbangbe delivered this warning during the company’s 20th Anniversary celebration. Speaking to Aviation Metric on the sidelines of the event to celebrate two decades…