The price of oil is hammering airlines - and consumers. Photo: Reuters
The price of oil is hammering airlines - and consumers. Photo: Reuters
Aviation

Chief of global airline body IATA warns no relief from sky-high airfares while oil prices remain elevated

  • Airlines forced to avoid Russian airspace burning more fuel on longer alternative routes
  • Global airline losses expected to hit HK$9.7 billion this year

The price of oil is hammering airlines - and consumers. Photo: Reuters
The price of oil is hammering airlines - and consumers. Photo: Reuters
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