Airlines Slash Flights as Rising Fuel Costs Bite
The ongoing conflict in the Middle East is hitting the aviation industry with a double blow. Beyond the immediate chaos of rerouted flight paths and disrupted traffic through traditional Gulf hubs, the regional instability has sent fuel prices soaring—and airlines are feeling the heat. The surge in kerosene costs is now so significant that many carriers are being forced to overhaul their networks, with dozens of routes suspended indefinitely. From Vietnam to New Zealand: A Global Shortage Of all the nations grappling with fuel scarcity and skyrocketing prices, Vietnam is perhaps the most striking case. On one hand, the national … Read more