EU rejects emergency measures for airlines amid Iran war
The EU says the Iran war impact does not justify emergency measures for tourism. While fuel prices rose nearly 84%, demand remains resilient across the region.
Xurve View
Xurve View
The European Union will reject airline requests for emergency relief despite jet fuel prices rising 84% during the conflict involving Iran. Draft guidelines seen Thursday indicate tourism demand remains resilient despite the regional war that began February 28. This maintains high compensation liabilities for carriers even as fuel costs eat into profit margins.
