Aviation crisis takes off, fuel shortages trigger mass flight cuts and fare surge fears

The effects are already visible in Asia, where carriers such as Cathay Pacific, Air New Zealand, and AirAsia X have begun cutting routes and adjusting pricing strategies. With jet fuel becoming scarcer and more expensive, traders are prioritizing buyers willing to pay premium rates, intensifying competition across regions. The global aviation sector is entering a … The post Aviation crisis takes off, fuel shortages trigger mass flight cuts and fare surge fears appeared first on Times Kuwait .

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