Bloomberg • Danny Lee

Iran-war jet-fuel shock: Asia airlines push governments as prices more than double

Jet fuel prices have more than doubled, forcing airlines across Asia to seek government support and emergency measures to avoid financial stress, including scenarios “like US-based Spirit Airlines,” an industry trade body head said. Ticket prices are expected to rise as carriers try to delay fuel-cost pass-through, amid supply strain tied to the Iran war. Malaysia announced flight-ticket discounts and airline relief, while Australia secured additional jet-fuel sourcing via China as the conflict tightens commodity flows.