fuel surcharges

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    Shipping Passage Authorized as Iran Controls Strait of Hormuz

    Tehran, April 4 – Iran has authorized the passage of ships carrying essential and humanitarian goods through the Strait of Hormuz to its ports, the country's semi-official Tasnim news agency reported on Saturday.The report cited a letter, dated March 1, sent to Iran's Ports and Maritime...
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    Limited ATF Increase Protects Indian Airlines from Rising Fuel Costs

    New Delhi, April 1 The government's decision on a limited increase in jet fuel prices ensures that airlines' domestic operational costs remain manageable and will not lead to additional fuel surcharges, an official said on Wednesday.Asangba Chuba Ao, joint secretary at the civil aviation...
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    ICRA Downgrades Indian Aviation, Citing Geopolitical and Economic Factors

    Mumbai, March 27 Ratings agency ICRA on Friday revised its outlook on the Indian aviation industry to negative from stable, citing disruptions in international airspace following the escalation of geopolitical tensions in West Asia.The revision in outlook is also due to a sharp depreciation of...
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    Rising Costs and Airspace Disruptions Impact Indian Airlines

    Mumbai, March 27 Ratings agency ICRA revised its outlook on the Indian aviation industry to negative from stable on Friday, citing disruptions in international airspace following the escalation of geopolitical tensions in West Asia.The revision in outlook is also due to a sharp depreciation of...
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    Airlines Grapple with New Challenges Amid West Asia Conflict

    New Delhi, March 20 From sudden airspace restrictions to soaring fuel prices and high insurance premiums, airlines are grappling with increasing complexities in their operations in West Asia, which are already curtailed amid the escalating conflict in the region.Airline officials and crew...
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