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Fuel price increase hits airlines and defense

At least 40 billion dollars in extra costs in global airline budgets

Airlines around the world are grappling with an increase in fuel costs that will impact their budgets by an estimated 40 billion dollars. Suffering such hardships is not only the commercial sector, which in any case could pass on 60 percent of the price increases to passenger ticket prices, but also and especially the government-backed defense sector. This is the most obvious effect of the war between...

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AVIONEWS - World Aeronautical Press Agency
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