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Airlines Warn of Profit Collapse as Fuel Costs Surge
Episode 2509
Published 1 week, 5 days ago
Description
The global airline industry is bracing for a major financial hit as rising fuel costs tied to the war involving the United States, Israel and Iran threaten profitability. Industry leaders say jet fuel prices could surge 70% year over year, adding billions in costs and potentially driving up airfares for travelers.
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