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Jet fuel crisis worse than Covid for airlines, says AirAsia chief

City A.M. | London's Business Newspaper - News, Opinion, & Anal… May 7, 2026
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The global jet fuel shortage caused by the Iran war has caused a bigger crisis for airlines than the Covid-19 pandemic, the chief of AirAsia has warned. Tony Fernandes, chief executive of AirAsia, said: “I thought I’d seen it all with Covid […] but having seen jet fuel go up almost three times — this is much [...]

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