Latest news and articles about aviation crisis from NEX English
Garuda Indonesia announced a net loss of <strong>5.4 trillion rupiah</strong> (approximately <strong>318 million dollars</strong>) in 2025, highlighting structural pressures on the country's aviation sector. This loss follows the company's loss of its <strong>5-star</strong> rating from Skytrax.
The aviation industry is facing a severe crisis due to the ongoing war in Iran, leading to a significant increase in flight ticket prices and numerous flight cancellations caused by a kerosene supply shortage. This situation raises concerns among travelers in the region.
The aviation industry in Asia is facing an escalating crisis that threatens to spread to Europe and the rest of the world. This situation arises from energy disruptions caused by the Iranian war and a seasonal increase in travel demand.
The Iraqi Civil Aviation Authority has announced an extension of the airspace closure for all flights for an additional 72 hours. This decision comes in light of certain circumstances that necessitate precautionary measures.