Aviation fuel prices have doubled, and a strait is choking the global aviation industry
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On the 4th local time, Manix Votema, Chairman of the KLM Royal Dutch Airlines Representatives Committee, issued a warning that if shipping through the Strait of Hormuz continues to be disrupted, airlines may face pressure to cancel flights in as little as six weeks. Air France-KLM Group CEO Benjamin Smith stated that the company is preparing for a potential fuel shortage.
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