Melbourne holidays shelved as jet fuel costs cripple travel plans

Jet fuel prices have doubled amid Middle East conflict, forcing airlines to raise fares and sparking travel cancellations among Australians planning overseas trips.

The Daily Perspective
The sharp rise in the dollar-won exchange rate is inflicting heavy losses on South Korea's airline industry, with Korean Air and low-cost carriers facing mounting valuation and operating cost pressures.
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[High Exchange Rate Shock] Airline Industry in Turmoil—Even Market Leader Faces Hundreds of Billions in Losses

The sharp rise in the dollar-won exchange rate is inflicting heavy losses on South Korea's airline industry, with Korean Air and low-cost carriers facing mounting valuation and operating cost pressures.

Yonhap Infomax