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Europe’s biggest airlines say fuel price spike caused by Iran war will drive up fares
What happened
Carriers warn they cannot hold off passing on costs for long and some airlines plan to increase flights via Asia Business live – latest updates Europe’s biggest airlines have said that that the spike in fuel prices caused by the war in the Middle East will drive up fares and are advising passengers to book early. While carriers have partly hedged the price of jet fuel, bosses said they could not avoid passing on additional costs to passengers for long. Continue reading...
Why people care
Covered by Bloomberg, Guardian World. The story is gaining traction across multiple outlets.
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Key coverage
Being reported by Bloomberg, Guardian World.
Developing
Multiple angles are emerging as more outlets pick up the story.
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