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Trade group: Jet fuel prices likely to remain elevated
Despite optimism around the US-Iran ceasefire and the reopening of the Strait of Hormuz, it will take time for jet fuel prices to return to pre-crisis levels and airfares could remain high for longer than passengers expect, says the International Air Transport Association (IATA).
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edition.cnn.com
Jet fuel prices are falling fast. Air fares? Not so much | CNN Business
Jet fuel prices roughly doubled in the early weeks of the Iran war, prompting airlines to pass the costs on to consumers through increased fares, fewer flights and higher baggage…
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bangkokpost.com
Trade group: Jet fuel prices likely to remain elevated
Despite optimism around the US-Iran ceasefire and the reopening of the Strait of Hormuz, it will take time for jet fuel prices to return to pre-crisis levels and airfares could…