Airlines in Asia hike fares; SpiceJet founder warns jet fuel price ‘unsustainable’
March 11, 2026
TOKYO: Airlines in the Asia-Pacific region, including Qantas, Air India and Cathay Pacific, have hiked fares—or will soon—to factor in surging jet fuel prices spurred by war in the Mideast.
The average world price of aviation fuel reached $173.91 a barrel on Monday, according to the benchmark Platts index, nearly double the levels of January and well above crude oil.…
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