The US-Iran war is continuing to put pressure on the global aviation industry, with elevated jet fuel prices adding to the financial strain already facing smaller airlines and aviation startups. Australia's Stralis has now decided to shut down before it could begin commercial passenger operations, highlighting just how difficult the current environment has become for new carriers.
The airline had been working on an innovative hydrogen-electric air taxi model, hoping to eventually operate short regional flights with lower emissions. But high costs, limited infrastructure and weak demand ultimately made the business difficult to sustain.
