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View all search resultsGlobal airline chiefs open their annual summit in Rio de Janeiro on Saturday facing a sharper test of the industry's post-pandemic recovery, as the Iran war drives up fuel costs and disrupts airspace while carriers try to cushion the blow with higher fares and tighter capacity.
To save Southeast Asia's aviation sector from collapse due to geopolitical and economic crises, regulators must scrap outdated price controls and shift from penalizing airlines to sharing the responsibility of passenger care.
Bankrupt discount carrier Spirit Airlines ceased operations on Saturday, the industry's first casualty linked to the Iran war, after failing to secure creditor support for a US government bailout plan. All flights have been canceled, the statement said, asking passengers not to go to the airport.
Some online travel agents have stepped in line with the government's calls for clearer information on ticket availability and transit flights, especially those with overseas layovers, to help mudik travelers reach their holiday destinations.
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