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BBC NewsThe budget carrier announced an immediate orderly wind-down on Saturday after negotiations for a $500 million rescue deal failed. Jet fuel costs had doubled since the US-Israel war in Iran began at the end of February, delivering a final blow to the airline as it emerged from its…
Washington ExaminerAviation fuel prices have surged since the war with Iran began, potentially driving U.S. wildfire suppression costs above $100 million this year. Private contractors operating most firefighting aircraft can pass on these increases to the government. Experts warn of possible fuel…