2026-04-17 18:41:48
Three Airlines Collapse as Jet Fuel Crisis Triggers Thousands of Flight Cancellations
In 2026, the aviation industry faces a crisis as three airlines, EcoJet UK, Royal Air Philippines, and Dove Airlines, entered administration or liquidation due to soaring jet fuel prices linked to geopolitical tensions. This has led to thousands of flight cancellations and increased operational costs for remaining carriers.