Jet fuel costs drive airfares to record high, airlines cut capacity
Published 1 d ago1 sourceEvidence: Reported
Air France-KLM's new Iberia MD highlights rising jet fuel costs and Russian airspace restrictions as persistent operational challenges, even as the airline expands capacity 9% in Spain. The interview signals that fuel price inflation remains a margin pressure point for European carriers, while the airspace ban continues to distort routing and costs. The growth in seats suggests demand resilience, but cost headwinds persist.
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