What the fuel is going on???

Once again, airlines entered the year with renewed optimism, only to be confronted two months later by forces largely outside their control, bringing aviation its own version of "March Madness." Surging fuel prices are accelerating the industry's transformation. And with the prolonged closure of the Strait of Hormuz as we approach summer, concerns about the availability of fuel are accompanying concerns thus far focused on price. This session will explore some of these factors and their implications.