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The Economic Times

Top News / The Economic Times

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Global airline chiefs to confront Iran war fuel shock at industry summit

Airline leaders meet in Rio de Janeiro facing a major industry crisis. The Iran war is increasing jet fuel costs and disrupting flights. This is forcing airlines to raise fares and cut routes. Experts predict a downgrade to profit forecasts. Aircraft delivery delays and climate goals also present challenges. The situation impacts airlines globally, with some struggling more than others.

4 Jun 2026 1:30 pm