Iran war, jet fuel concerns cloud airlines' summer holiday plans

European airlines are facing their biggest challenge ​since the Covid-19 pandemic as the US-Israel war on Iran pushes up jet fuel prices and buffets travel through the Middle East, casting a shadow ‌over the summer holiday season. Carriers have been largely riding out the crisis with hedges that have tamed costs even as the price of jet fuel has risen nearly 84 per cent since the start of the conflict on February 28, but they could face shortages if the war does not end soon. “There is a risk th...