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How You Can Plan for Fuel Shortages

Experts share insight on what to expect and how you can try to minimize its effects.

[File photo: Shutterstock]
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Key Takeaways:

  • The aviation industry is experiencing widespread and ongoing fuel inventory shortages, high prices, and market volatility across the U.S.
  • Operators can mitigate these challenges by rigorously pre-planning flights, confirming fuel availability, and tankering extra fuel to avoid higher costs and potential shortages.
  • While fuel cards provide valuable market insights and planning assistance, hedging is emerging as a strategy for some operators to protect against predicted future price increases.
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As global reports of disruptions in the fuel supply chain continue to emerge, FLYING recently spoke with representatives from Avfuel, a global supplier of aviation fuel with more than 3,000 locations in nearly 150 countries. With a clientele of more than 5,500 flight departments, it’s tied to the fuel issues as closely as anyone. 

“The entire industry is feeling the impact of low fuel inventories,” Muneeb Ahmed, director of trading and logistics for Avfuel, told FLYING. Ahmed said his company had been doing what it could to procure enough fuel from its suppliers and minimize disruption for customers. To achieve that, though, comes at a cost.

Michael Wildes

Michael Wildes holds a master’s degree in Logistics & Supply Chain Management, and a bachelor’s degree in Aeronautical Science, both from Embry-Riddle Aeronautical University. Previously, he worked at the university’s flight department as a Flight Check Airman, Assistant Training Manager, and Quality Assurance Mentor. He holds MEI, CFI & CFII ratings. Follow Michael on Twitter @Captainwildes.

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