Menzies Aviation Forecasts Elevated Jet Fuel Prices Through Summer
Menzies Aviation Ltd., a prominent airport ground-services provider, anticipates that jet fuel costs will remain high for several more months. This outlook is primarily attributed to the ongoing fallout from the Iran war, which is impacting global energy markets and supply chains.
Menzies Aviation Ltd., an airport ground-services provider, expects jet fuel costs to remain elevated for an extended period, potentially through the summer months.
The company attributes this forecast to the ongoing repercussions stemming from the Iran war. These geopolitical events are seen as a primary factor influencing the stability and pricing within the global energy market.
According to Bloomberg Markets, Menzies Aviation Ltd. foresees these high costs persisting for several more months.
