Jet fuel prices are affecting the aviation industry. Photo: Shutterstock The French government has announced a series of measures designed to help the local aviation industry ahead of the summer season.
The move, similar to other decisions made by other governments, comes amid rising fuel prices and growing concerns about a shortage of jet fuel, which could affect airline schedules in Europe and around the world. Some companies have already announced operational reductions, including the Lufthansa Group, which cut unprofitable routes, and KLM, which canceled many flights, as well as other airlines currently taking precautionary measures in preparation for the summer season.
French Transport Minister Philippe Tabaro said the government is working with other senior officials to promote operational and economic solutions for companies in the industry. Among other things, adjustments to flight schedules and fuel capacity management are being examined, as part of flexibility mechanisms promoted at the European Union level.
In addition, a series of measures designed to assist companies that encountered cash flow difficulties, including deferring National Insurance payments and spreading out tax debts, were introduced.
At the same time, the Minister of Transportation emphasized that, alongside assistance to airlines, emphasis will also be placed on passenger rights and the continuation of regular activity in preparation for the busy tourist season.