""The impact is that it has affected how much African carriers purchase aviation fuel for their operations," Dominick Andoh, managing partner of AviationGhana, told DW."
""The prices of tickets have gone up," he told DW. "If you look at the fuel surcharge margins for almost the tickets that have been sold since the war broke out, especially in April, the fuel surcharges have gone up by various percentages.""
""The majority of African airlines won't be able to survive" the current spike in fuel costs, Nigerian billionaire Aliko Dangote stated."
The global aviation industry, including Africa's sector, is struggling with economic fallout from the Iran war, particularly due to rising jet fuel costs. Prices have doubled in some markets, leading to supply shortages and increased operational expenses for airlines. Concerns over energy security have driven global oil prices up significantly. The spike in fuel prices has resulted in higher ticket prices for passengers. Many African airlines are at risk of survival due to these escalating costs, raising alarms among business leaders.
Read at www.dw.com
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