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Geopolitical Tensions in the Gulf and Fuel Surges Drive 25% Increase in Airline Operating Costs
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Capital Newspaper
Escalating geopolitical tensions in the Gulf region and soaring global fuel prices have created severe operational hurdles for Ethiopian Airlines, causing overall operating costs to surge by 25%. According to Ethiopian Airlines Group CEO Mesfin Tasew, ongoing conflicts in the Middle East have significantly disrupted regional logistics, directly undermining the carrier’s fuel procurement networks and […]