Energy Insider | Ryanair: Europe May Experience Aviation Fuel Shortages in May; State Grid's Fixed Asset Investment in Q1 Up 37% Year-over-Year

WealthCoffee · 2026-04-04T03:22:29+00:00

Ryanair CEO stated that if shipping through the Strait of Hormuz continues to be obstructed, there could be a fuel shortage of up to 25% from May to June, and European airline fuel supplies are expected to be tight. Meanwhile, State Grid's fixed asset investment in the first quarter reached 129 billion yuan, a year-on-year increase of 37%, driving upstream and downstream investments exceeding 250 billion yuan.

WealthCoffee

2026-04-04 03:22:29

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【Caixin.com】

Ryanair: Europe may see an aviation fuel shortage in May

Xinhua News Agency reported on April 2 that on April 1, Michael O’Leary, chief executive officer of Ryanair, Europe’s largest low-cost airline, said that if shipping through the Strait of Hormuz remains blocked, the airline may face a fuel shortfall as high as 25% from May to June, and that Europe’s aviation fuel supply will likely become tight in May.

State Grid’s fixed-asset investment rose 37% year over year in the first quarter

State Grid reported on April 2 that in the first quarter of this year, the State Grid Corporation of China completed fixed-asset investment of 129 billion yuan, up 37% year over year, driving investments of more than 250 billion yuan across the upstream and downstream of the industrial chain. Projects such as the Xi’nan ultra-high-voltage AC in Western Sichuan and back-to-back DC systems between Anhui and Hubei got off to a smooth start, while projects including Gansu—Zhejiang, Datong—Huailai—Tianjin Nan ultra-high-voltage and back-to-back DC systems in Min-Gan were fully accelerated. State Grid also completed investment in new-energy grid-connection projects of over 10 billion yuan, up more than 50% year over year.

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