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Airport Handler Menzies Sees High Jet Fuel Prices Through Summer

Airport Handler Menzies Sees High Jet Fuel Prices Through Summer
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Airport Handler Menzies Sees High Jet Fuel Prices Through Summer Airport ground-services provider Menzies Aviation Ltd. expects jet fuel costs to stay high for several more months because of fallout from the Iran war. There will be heightened concern in the aviation industry after the more-profitable summer season as businesses face the prospects of rising inflation going into the quieter winter period, Chief Executive Officer Philipp Joeinig said in an interview Monday. The impact may be...

Airport Handler Menzies Sees High Jet Fuel Prices Through Summer Airport ground-services provider Menzies Aviation Ltd. expects jet fuel costs to stay high for several more months because of fallout from the Iran war. There will be heightened concern in the aviation industry after the more-profitable summer season as businesses face the prospects of rising inflation going into the quieter winter period, Chief Executive Officer Philipp Joeinig said in an interview Monday. The impact may be felt into the second quarter of 2027.
Airport Handler (ORG) Summer Airport Handler (LOCATION) Summer Airport (LOCATION) Menzies Aviation Ltd. (ORG) the Iran war (EVENT) Philipp Joeinig (PERSON)
Originally published by Bloomberg Markets Read original →