
Airlines Globally Adjust Operations and Strategies Amid Surging Fuel Costs and Middle East Tensions
Budget airlines worldwide, including Vietnamese carriers, are cutting international flights due to surging fuel costs and disrupted air traffic from Middle East tensions. Meanwhile, some airlines like Lufthansa are foregoing kerosene price hedging, hoping for a swift end to the Iran war, while Philippine transport workers strike over high fuel costs.
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'We are being choked': Philippines transport workers strike over fuel costs
It comes as a ship carrying barrels of Russian crude oil arrived in the Philippines earlier this week.
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