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.
Airlines across the Asia-Pacific region are beginning to feel the impact of the closure of the Strait of Hormuz and the resulting spike in fuel prices.
With a strategic imperative to transition to non-Middle Eastern fuel, the long-term impact of the Iran conflict may be a silver lining for sustainable fuel.
Thailand’s airlines plan to ask the country’s government to reduce fuel taxes, as concerns grow about the impact of the Middle East conflict on inbound tourism.
Though faced with rising fuel prices, strong demand is helping U.S. airlines navigate the headwind, even allowing some to raise first quarter revenue targets.
Washington Governor Bob Ferguson waived restrictions on trucks carrying jet fuel to SEA after a pipeline leak cut off the airport’s main fuel supply line.
