India's Youngest Airline Seeks Funds As Iran War Drives Up Costs: Report

India's newest airline, Akasa Air, is scrambling to secure additional funding as geopolitical tensions between the US and Iran have led to flight disruptions and a spike in jet-fuel prices, which constitute nearly 40% of its operating costs. The conflict has exacerbated financial pressures on the airline, pushing it to seek new investors to stay afloat. This situation underscores the vulnerability of even new airlines to global geopolitical events, highlighting the broader impact such tensions can have on global supply chains and industries.