Jet fuel supply squeeze impacts air cargo rates
Cathay, Lufthansa, Air France-KLM adding surcharges
The Iran war is increasingly weighing on global energy markets, driving up prices, including those for jet fuel. The latest figures from the IATA Jet Fuel Price Monitor showed that the global average rose to $157.41 a barrel for the week ending March 6, 58.4% higher than the week before. The upshot is that airlines […]
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