Airlines tackle fuel cost surge with price hikes, outlook cuts

AsiaOne.com

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A surge in jet fuel prices from US$85-US$90 (S$109- S$115) to US$150-US$200 per barrel amid the US-Israeli war against Iran has blindsided the aviation industry, where fuel accounts for up to a quarter of operating expenses, forcing airlines to raise fares and revise financial outlooks.Below is a li