economicMay 7, 2026

Jet fuel crisis dwarfs Covid-19 pandemic for global airline industry - AirAsia CEO

Summary

Airlines facing ‘worse than Covid’ crisis – AirAsia CEO The steep rise in jet fuel prices caused by the US-Israeli war on Iran is posing a bigger challenge to the global airline industry than the Covid-19 pandemic did, according to AirAsia CEO Tony Fernandes.

Source: Russia Today — Read the full report

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Sources

Russia TodayBy Russia Today
Airlines facing ‘worse than Covid’ crisis – AirAsia CEO The steep rise in jet fuel prices caused by the US-Israeli war on Iran is posing a bigger challenge to the global airline industry than the Covid-19 pandemic did, according to AirAsia CEO Tony Fernandes. In response to the U…

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