Following the closure of the key shipping channel, the Strait of Hormuz, jet fuel prices have reportedly doubled.
Since then, some airlines have floated the idea of, or issued, price hikes and even cancelled some journeys, despite airline bosses like TUI’s CFO Mathias Kiep and Elevate Jet CEO Greg Raiff suggesting worries about an outright jet fuel shortage are overblown.
Previously, Read Entire Article
English (US)