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عكس السير
Airlines Increase Fares as Profits Decline
The rise in aircraft fuel prices due to the Hormuz Strait disturbances has led to increased operating costs for airlines, despite a strong demand for travel amid higher prices. Airlines responded by raising ticket prices and adding fees, while investing in luxury services to attract high-spending travelers. Although revenues increased by up to 23.4% in August, profits are still under pressure due to rising fuel costs. It is expected that airlines will reduce capacity and the number of flights if fuel prices stabilize between $4 and $4.50 per gallon, which could lead to further increases in ticket prices.
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