{"id":729,"date":"2026-05-02T18:40:29","date_gmt":"2026-05-02T18:40:29","guid":{"rendered":"https:\/\/tamilmail.lk\/english\/?p=729"},"modified":"2026-05-02T18:40:29","modified_gmt":"2026-05-02T18:40:29","slug":"airline-industry-hit-as-fuel-prices-surge-amid-iran-conflict","status":"publish","type":"post","link":"https:\/\/tamilmail.lk\/english\/2026\/05\/02\/airline-industry-hit-as-fuel-prices-surge-amid-iran-conflict\/","title":{"rendered":"Airline Industry Hit as Fuel Prices Surge Amid Iran Conflict"},"content":{"rendered":"<p>Amid a prolonged conflict involving Iran, which has reportedly continued for nearly two months, aviation fuel prices have doubled, placing significant strain on global airlines.<\/p>\n<p>In this context, U.S.-based low-cost carrier Spirit Airlines has announced that it will cease its operations effective May 2 (today), citing its inability to cope with rising operational costs.<\/p>\n<p>The closure of Spirit Airlines is expected to result in thousands of employees losing their jobs, adding to concerns within the aviation sector.<\/p>\n<p>Reports indicate that former U.S. President Donald Trump had proposed a $500 million financial assistance package to help the airline. However, the proposal did not materialize due to strong opposition from advisors and members of the Republican Party.<\/p>\n<p>Spirit Airlines is considered the first airline to shut down as a direct consequence of the ongoing crisis linked to Iran, highlighting the broader economic impact on the aviation industry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amid a prolonged conflict involving Iran, which has reportedly continued for nearly two months, aviation fuel prices have doubled, placing significant strain on global airlines. In this context, U.S.-based low-cost carrier Spirit Airlines has announced that it will cease its operations effective May 2 (today), citing its inability to cope with rising operational costs. The &hellip;<\/p>\n","protected":false},"author":1,"featured_media":730,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-729","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international"],"_links":{"self":[{"href":"https:\/\/tamilmail.lk\/english\/wp-json\/wp\/v2\/posts\/729","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tamilmail.lk\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tamilmail.lk\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tamilmail.lk\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tamilmail.lk\/english\/wp-json\/wp\/v2\/comments?post=729"}],"version-history":[{"count":1,"href":"https:\/\/tamilmail.lk\/english\/wp-json\/wp\/v2\/posts\/729\/revisions"}],"predecessor-version":[{"id":731,"href":"https:\/\/tamilmail.lk\/english\/wp-json\/wp\/v2\/posts\/729\/revisions\/731"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tamilmail.lk\/english\/wp-json\/wp\/v2\/media\/730"}],"wp:attachment":[{"href":"https:\/\/tamilmail.lk\/english\/wp-json\/wp\/v2\/media?parent=729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tamilmail.lk\/english\/wp-json\/wp\/v2\/categories?post=729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tamilmail.lk\/english\/wp-json\/wp\/v2\/tags?post=729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}