Pakistan, April 29 -- The ongoing Iran war is creating uncertainty for global airlines ahead of the summer travel season. Rising jet fuel prices and regional disruptions have added pressure on carriers already facing cost challenges. The aviation sector is now dealing with its biggest strain since the Covid-19 pandemic.
Jet fuel prices have increased nearly 84 percent since the conflict began on February 28. Airlines have so far managed costs through hedging strategies, but many of these protections are now expiring. Industry leaders warn that fuel availability could tighten if the war continues.
Read more: Iran Warns of Decisive Action in Case of Renewed War
The International Air Transport Association said there is a risk of fuel rati...
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