Iran conflict pushes airline fuel costs sharply higher, pressuring Turkish and LATAM results while El Al profits and buys two 78
Bookmark this storyTurkish Airlines and LATAM Airlines absorbed fuel-cost increases of roughly 93% or more in the second quarter, with Turkish slipping to an operating loss despite stronger cargo revenue. El Al, meanwhile, doubled quarterly profit and purchased two leased 787-9s as conflict-related capacity constraints strengthened its position.
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