Rising fuel costs endanger airlines
Western sources and reports warn that Iran's war in the Middle East is leading to a significant rise in jet fuel prices, threatening airlines with bankruptcy and increasing industry mergers. The head of the International Air Transport Association (IATA) pointed out that the increased costs resulting from supply disruptions and air corridor shutdowns are particularly damaging to low-cost airlines, with some expected to face financial crises or bankruptcy within the next two years. Nevertheless, he emphasized that the low-cost airline model remains strong, with companies like Ryanair performing well.
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