Jet-fuel hedging vs. war risk: airlines ask for state support and brace for price spikes as Middle East conflict lifts costs
Since the start of the Iran-war period, jet-fuel volatility has exposed uneven airline hedging coverage and left carriers scrambling to contain fuel-driven margin pressure. Reports say India’s airlines have asked state-run refiners to delay jet-fuel price hikes, while UK carrier Jet2 says it has sufficient fuel and will not add surcharges—contrasting with peers planning cancellations.