Asian airlines face collapse risks without government aid for high fuel prices
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Asian airlines are at risk of collapse without government aid due to soaring jet fuel prices, according to Wong Hong, the new head of the Association of Asia-Pacific Airlines. He emphasized the need for financial support and flexibility in flight schedules to prevent situations like the recent shutdown of Spirit Airlines. While some countries have offered limited assistance, many airlines, including those in Hong Kong and Air New Zealand, have received no support. AAPA anticipates lower profitability and reduced passenger numbers in 2026.
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