The prospect of $225-a-barrel jet fuel and an airline bailout
Forbes reports that aviation experts warn of high holiday airfares as soaring jet fuel prices squeeze airlines amid the Iran war.
TLDR
Forbes reports that some aviation experts envision jet fuel reaching $225 a barrel, with one forecasting that level by the end of 2026. The outlet describes airlines being squeezed by soaring fuel prices as the Iran war continues. Experts warn of high holiday airfares and speculate that airlines may eventually need a government bailout, Forbes says.
The prospect of $225-a-barrel jet fuel and an airline bailout
Forbes reports that aviation experts warn of high holiday airfares as soaring jet fuel prices squeeze airlines amid the Iran war.
TLDR
Forbes reports that some aviation experts envision jet fuel reaching $225 a barrel, with one forecasting that level by the end of 2026. The outlet describes airlines being squeezed by soaring fuel prices as the Iran war continues. Experts warn of high holiday airfares and speculate that airlines may eventually need a government bailout, Forbes says.
