🟢 EconomicImpact | 7/10
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Rising jet fuel prices due to Iran war cause concern in Trump administration
The ongoing war in Iran and the resulting disruptions in the Strait of Hormuz have driven a significant increase in jet fuel prices, causing growing concern within the administration of U.S. President Donald Trump. Chris Sununu, the head of Airlines for America, has warned White House and Treasury Department officials about the potential consequences. He emphasized that prolonged high fuel costs could sharply increase expenses for American airlines. This could lead to higher ticket prices and put additional pressure on the U.S. economy. The situation remains tense, and the administration is exploring ways to stabilize the fuel market.
UK businesses brace for jet fuel rationing
https://bmmagazine.co.uk/news/uk-jet-fuel-shortage-rationing-goldman-sachs-warning/
#HackerNews #UKbusinesses #jetfuel #rationing #news #GoldmanSachs #warning #fuelshortage
JET FUEL SUPPLY FRAYING AIRLINES' SUMMER PLANS
UK airlines can now cancel flights weeks early without losing landing slots due to expected jet fuel shortages. See how this affects your summer travel plans.
#AviationNews, #UKTravel, #FlightCancellations, #JetFuel, #SummerTravel
https://newsletter.tf/uk-airlines-cancel-flights-early-fuel-shortage/
Airlines in the UK can now cancel flights weeks ahead of time. This is to deal with expected jet fuel shortages this summer, which could affect many travelers.
#AviationNews, #UKTravel, #FlightCancellations, #JetFuel, #SummerTravel
https://newsletter.tf/uk-airlines-cancel-flights-early-fuel-shortage/
Voting makes a difference. Imagine if Harris had won.
“Ewen says some fares simply may not return to pre-conflict levels. Historically, he says, he's never seen checked bag fees go down after an increase. And he also expects prices to increase in certain markets where Spirit previously operated, because of reduced competition.”
#affordability #trump #iranwar #oil #gas #jetfuel #risingprices #epstein #pedophiles
Silver linings?
“Jet fuel has doubled in price over the last two months or so, which is horrendous. It is roughly the same cost as the petrol you use in your car was last year.”
Prof Rafael Palacios, head of the aeronautics department at Imperial
But later you read this:
‘Jet fuel isn’t taxed – at the Chicago Convention on civil aviation in 1944, they decided that tax was national and flying was not, and because that was complicated, it was impossible’
People are planning summer vacations like there is plenty of jet fuel. It takes time and capacity to refine jet fuel. #vacations #summer #jetfuel #airtravel #summertravel
Amy Edge 
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