Ticket Prices for Flyers Are up because of the War with Iran
5 Articles
5 Articles
The Hidden Crisis That Could Disrupt Global Air Travel:
Quick Answer: Major airlines including Air France-KLM and EasyJet are drawing up contingency plans for jet fuel shortages as the Iran conflict strips supply certainty from the global aviation fuel chain. Fuel suppliers are declining to guarantee availability beyond three to four weeks, routes to Asia are under active review, and IATA warns that European jet fuel security rests on just over one month of commercial inventory. Airlines Face Jet Fue…
European airline bosses warn that the prolonged conflict in the Middle East will significantly increase air ticket prices, as flight cancellations drive up operating costs… War in the Middle East brings increases in air ticket prices across Europe - NAVTEMPORIKI
IATA Director General Willie Walsh warns against rising ticket prices as a result of the Middle East conflict. In the worst case scenario, the industry must reduce capacity and reorganise.
Willie Walsh, head of the International Air Transport Association (IATA), told Reuters on Thursday that airfare price increases are inevitable as a result of the ongoing war in the Middle East. "A price increase is inevitable," Walsh said. He believes the war, which began on February 28 with the US-Israeli attack on Iran, will not benefit anyone. Despite rising oil prices, the article "IATA Chief: Airfare Price Increase Is Inevitable" comes from…
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