SENSEX
NIFTY
GOLD
USD/INR

Weather

image 34    C

Global Business News

The Economic Times

Global Business / The Economic Times

details

Oil prices are leaving airlines with nowhere to hide

US airlines face potential profit erosion as rising oil prices, driven by geopolitical tensions in the Strait of Hormuz, threaten to increase jet fuel costs significantly. Unlike other transport sectors, airlines struggle to pass these expenses to consumers, risking demand destruction and impacting earnings, especially for financially weaker carriers.

11 Mar 2026 4:55 pm