Bloomberg
• Allyson Versprille, Siddharth Philip, Sri Taylor
Jet fuel spikes from Middle East turmoil drive fare pressure, schedule cuts, and renewed talk of airline consolidation
Airlines are raising prices for bags and seats and dialing back profit forecasts as war-linked fuel costs tighten operating margins. Analysts warn higher fuel and Middle East-linked oil volatility could force route cancellations, while industry leaders argue airfares should rise further amid fragile demand assumptions.
