Global airlines consider capacity cuts, increased ticket prices and fuel surcharges to manage the short-term spike and long-term uncertainty caused by the war.

Influential airline investor Bill Franke talks with Aviation Week about more M&A deals, testing new elements in the ULCC model and where he sees opportunities.

South American airline group Abra says short-term bookings are holding up as the Iran war continues, but the window for longer-term sales remains unclear.