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Geoffrey Thomas

๐Ÿ‘ค Speaker
54 total appearances

Appearances Over Time

Podcast Appearances

Today with David McCullagh
Could jet fuel shortages scupper your summer holiday plans?

Well, passengers, there are surcharges also in other parts of the world that the airfares have simply gone up.

Today with David McCullagh
Could jet fuel shortages scupper your summer holiday plans?

It doesn't seem to be curbing the appetite to travel because this appetite for travel has come out of COVID, where after COVID, everybody wants to travel.

Today with David McCullagh
Could jet fuel shortages scupper your summer holiday plans?

And there seems to be an insatiable appetite to travel.

Today with David McCullagh
Could jet fuel shortages scupper your summer holiday plans?

Look, absolutely.

Today with David McCullagh
Could jet fuel shortages scupper your summer holiday plans?

Cathy's absolutely right.

Today with David McCullagh
Could jet fuel shortages scupper your summer holiday plans?

There will be cancellations.

Today with David McCullagh
Could jet fuel shortages scupper your summer holiday plans?

I had a cancellation last weekend.

Today with David McCullagh
Could jet fuel shortages scupper your summer holiday plans?

And so I know that definitely does happen down under as well.

Today with David McCullagh
Could jet fuel shortages scupper your summer holiday plans?

But yes, there will be consolidation everywhere.

Today with David McCullagh
Could jet fuel shortages scupper your summer holiday plans?

Also, airlines will look at their most efficient aircraft and they'll ground the least efficient and keep flying the most efficient.

Today with David McCullagh
Could jet fuel shortages scupper your summer holiday plans?

And like the new A350 or the new 787s,

Today with David McCullagh
Could jet fuel shortages scupper your summer holiday plans?

and those sorts of aircraft like the A320neo from Airbus.

Today with David McCullagh
Could jet fuel shortages scupper your summer holiday plans?

They'll be looking to the most efficient units in their fleet.

Today with David McCullagh
Could jet fuel shortages scupper your summer holiday plans?

They'll be looking to consolidate wherever they can, and that will mean disruptions to passengers, no doubt about it whatsoever.

Today with David McCullagh
Could jet fuel shortages scupper your summer holiday plans?

Well, indeed.

Today with David McCullagh
Could jet fuel shortages scupper your summer holiday plans?

A large amount of the jet fuel for the United Kingdom comes from Kuwait,

Today with David McCullagh
Could jet fuel shortages scupper your summer holiday plans?

And that's a big problem.

Today with David McCullagh
Could jet fuel shortages scupper your summer holiday plans?

Whereas, for instance, if I can flip this to down under, 30% of the jet fuel for Australia comes from China.

Today with David McCullagh
Could jet fuel shortages scupper your summer holiday plans?

Now, that's an issue because China, you know, is having a problem getting its oil out of Iran.

Today with David McCullagh
Could jet fuel shortages scupper your summer holiday plans?

So there's a myriad of scenarios that are playing out at the moment and there's no one...