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Airline chiefs grapple with fuel shock, fare test at Rio summit | Collector
Airline chiefs grapple with fuel shock, fare test at Rio summit
Economic Times

Airline chiefs grapple with fuel shock, fare test at Rio summit

Global airline leaders gather in Rio de Janeiro facing a tough recovery test. The Iran war is increasing fuel costs and disrupting flight paths. Airlines are raising ticket prices and limiting flights to manage these challenges. A shortage of new aircraft also adds to their financial strain. Industry profits are expected to be lower than previously forecast.

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