European Flight Prices Fall in Short Term Amid US-Israel-Iran Conflict, Says Wizz Air CEO
European flight prices are currently falling as airlines attempt to counteract customer hesitancy linked to the economic impact of the ongoing US-Israel war with Iran, according to Wizz Air's chief executive, József Váradi.He noted that European airlines can afford to reduce prices in the short term because they purchased fuel at pre-conflict prices.Váradi's comments contrast with other airlines that have reported raising prices or cutting flights due to surging jet fuel costs caused by the conflict.The price of jet fuel in Europe has surged since late February, initially costing $831 per metric tonne before more than doubling to $1,800, and... [Continue Reading]
360LiveNews | 27 Apr 2026 21:37 LONDON
