During his participation in the Delphi Economic Forum, the EU Commissioner for Sustainable Transport and Tourism, Apostolos Tzitzikostas, stated that the European Union maintains sufficient reserves of aviation fuel, which can sustain operations for up to three months through the activation of emergency stocks. In addressing the ongoing energy crisis, Tzitzikostas indicated that flight cancellations announced by some airlines are primarily linked to escalating fuel costs rather than actual supply shortages. He characterized the current energy situation as historically significant and predicted a challenging summer period ahead.
The Commissioner also cautioned that unresolved conflicts, particularly in the Middle East, could lead to severe global ramifications. Regarding security and infrastructure, Tzitzikostas highlighted the EU’s military mobility plan, which involves modernizing 500 strategically important sites across the continent. Furthermore, he forecast a notable decline in tourist arrivals originating from Asia destined for Europe.
The Delphi Forum, which continues through Saturday, April 25, is a large-scale event featuring over 200 discussions and panels involving approximately 1,200 international speakers. Participants represent diverse sectors, including governments, international organizations, academia, and business, focusing on key areas such as geopolitics, economic trends, and technological shifts.
Topics: #fuel #sufficient #reserves
