South China Morning Post (SCMP)

Truce Won't Ground High Airfares, Airlines Say

usa middle_east petrol economy countries politics
Truce Won't Ground High Airfares, Airlines Say
A fragile truce between the U.S. and Iran is unlikely to quickly end flight disruptions and high ticket prices for global travelers, airline industry sources say. For six weeks, conflict in the Middle East has forced major changes. Airlines have canceled routes, especially in the Gulf region, and faced exploding fuel costs. Many travelers have become wary of booking trips. Air France this week extended its suspension of flights to Iran and Lebanon until May 3. A company source said that decision was made before this week's ceasefire announcement. The situation shows that airline operations, once disrupted, are slow to return to normal. Even if the truce holds, carriers may keep some routes closed until stability seems certain. With passenger demand down and costs still high, airfares are expected to remain elevated. The pre-conflict network of affordable flights may not return soon.