Philippine air carriers have warned of looming airfare hikes as Middle East tensions drive up fuel costs and necessitate costly flight rerouting.
Airlines in Asia are reviewing fares and operational plans as rising jet fuel prices linked to escalating conflict in West Asia begin to ripple across the aviation industry, with some carriers already ...
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Jet fuel surge hits airlines, carriers raise surcharges
Jet fuel prices, previously hovering between US$85-US$90 per barrel before the Middle East conflict, have surged above US$100 per barrel.
Oil and gas price hikes due to the war have rattled the global economy.
Cruise, hotel and some airline stocks were trading lower Monday after airspace closures throughout the Middle East. Affected airports included Dubai, one of the biggest hubs in the world by passengers ...
From fuel prices to flight routes, the ripple effects of the war with Iran are spreading across global travel, raising new questions for anyone planning a trip in the months ahead.
Flight tickets are rising due to the war in Iran. German holidaymakers must be prepared for higher prices when booking their Easter and summer holidays. Some European destinations and early booking ...
Shares of U.S. carriers have slipped since conflict escalation European and Asian airlines maintain active fuel hedging strategies United's fuel expenses could rise 15% from last year - Reuters ...
The Strait of Hormuz remains effectively closed, severely curbing shipments by Gulf oil exporters including Saudi Arabia.
Inquirer.net on MSN
Metro tricycle drivers first to get gov’t cash aid
The government has started the distribution of P5,000 cash assistance to public transport drivers, starting in Metro Manila on Tuesday and expanding to other provinces in April. “Two wheels, three ...
Traffic through the Strait of Hormuz has ground to a virtual halt, unleashing the most severe energy crisis since the 1970s.
THE National Government has assured the provision of cash assistance to farmers and fisherfolk affected by the rising fuel cost due to the tension in the Middle ...
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