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Airlines face bankruptcy risk within weeks as Iran conflict drives fuel surge, warns Avia Solutions chief

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Airlines face bankruptcy risk within weeks as Iran conflict drives fuel surge, warns Avia Solutions chief

Global airlines could face bankruptcies within weeks if the conflict in the Middle East persists, according to Gediminas Ziemelis, chairman of Avia Solutions Group, an aircraft services business, who warned that rising fuel costs and collapsing demand are placing severe strain on the industry. Spea...

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