Philippines – Philippine Airlines President Richard Nuttall has warned that the Philippines may need to implement fuel rationing amid tightening jet fuel supply caused by the Strait of Hormuz closure, stating the airline has secured fuel only through the end of June 2026 with no visibility beyond that point.
- Speaking at the Aviation Festival Asia conference in Singapore, Nuttall said countries across the region are already moving to ration fuel and require airlines to carry fuel for both inbound and outbound legs. He indicated the Philippines will likely need to follow the same approach.
- Philippine Airlines has secured jet fuel supply through the end of June 2026, which Nuttall described as around normal inventory levels. However, he acknowledged the airline has no supply visibility beyond that date, underscoring the uncertainty facing carriers dependent on Middle East-sourced fuel.
- Nuttall called for industry-wide cooperation to ensure equitable fuel access, noting that the crisis requires coordinated action across governments, airlines, and fuel suppliers.
Statements
- "We have countries saying, 'we need to ration our fuel, we want people to tank fuel in and out.' The reality is we're going to have to do the same thing probably in the Philippines," said Richard Nuttall, President of Philippine Airlines.
- "At the end of the day, we're going to need people to work together to make sure that everybody has access to fuel," said Richard Nuttall, President of Philippine Airlines.
Source: PAL
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