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The Economic Times
The Economic Times

Global airline chiefs to confront Iran war fuel shock at industry summit

Global airline bosses gathering in Rio de Janeiro this weekend will be searching for answers to the industry's biggest crisis since the pandemic, with the Iran war driving up jet fuel costs, forcing flight detours and testing carriers' ability to raise fares.

The June 6-8 annual meeting of the International Air Transport Association (IATA) is the industry's biggest summit, bringing together hundreds of top executives from airlines, manufacturers, suppliers and financiers.

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