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Airlines in stand-off over price cuts as jet fuel costs ease

What happened

Airlines are resisting fare reductions despite easing jet fuel costs. They aim to protect the fare increases implemented after the start of the Iran conflict. The stand-off highlights carriers' focus on maintaining profitability. The Financial Times reported on this situation.

Summary written by AI strictly from the sources below

Timeline

  1. Reported airlines' stand-off over fare prices amid easing fuel costsFinancial Times

Sources