Fuel Prices Surge, Airlines Review Flight Schedules Amid Aviation Fuel Shortages

Vietnam’s aviation sector is bracing for potential fuel shortages due to rising Jet A-1 fuel prices, which have surged due to disruptions in the Middle East. The Civil Aviation Authority of Vietnam has proposed support measures to mitigate the impact, including waiving environmental protection tax and reducing value-added tax. Airlines are reviewing flight schedules to reduce fuel consumption. Vietnamnet Global reported the situation, citing a need for Vietnamese companies to secure new supply sources.