The world’s 20 largest publicly listed airlines have lost approximately $53 billion in market capitalization since the U.S.-Israel war on Iran began on Feb. 28.
The jet fuel costs are doubling and executives are warning of potential shortages within weeks, as the industry confronts what one chief executive described as its worst crisis since the COVID-19 pandemic, the Financial Times (FT) reported.
$53 billion wiped off airline values: ‘Worst crisis since pandemic’…
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