Asia-Pacific governments must pay close attention to airlines to ensure their survival is not threatened by soaring fuel costs caused by the Middle East crisis.
WLFC says demand for midlife engines like the CFM56 will hold up better than for the midlife aircraft they power in the event of sustained high fuel prices.
When costs rise, airlines protect their strongest routes, preserve aircraft utilization and cut their weakest links, which is where regional airports become exposed.
Turkish Airlines chairman Murat Şeker says that while the flag carrier has around 120 GTF-powered A320neo-family aircraft in its fleet, about 40 are grounded.
Jet2 says it is entering the summer 2026 season with a high degree of fuel hedging, which will help protect it from the turmoil of the Middle East conflict.
Indian airlines are calling on the government to take measures to ease the financial burden caused by surging fuel prices during the Middle East crisis.
JetBlue is not ruling out the possibility of government support, describing the current fuel environment as the most significant headwind the industry has faced since COVID.
Nigeria’s federal government is considering debt relief measures as domestic airlines struggle with the Jet A1 fuel crisis that has threatened flight operations
Wizz Air has no plans to reduce capacity in the coming weeks, even as fuel prices soar and other industry players voice concerns about a possible fuel shortage.
In a bid to help the European aviation sector deal with the fuel crisis stemming from the Middle East conflict, the EC is taking steps to ensure operators have access to jet fuel.