Iran War Cost Brazil’s Airlines US$1 Billion in Extra Fuel
Brazil’s airline industry association ABEAR said airlines Azul, Gol and LATAM absorbed about R$5.2 billion (around US$1 billion) in extra jet-fuel costs tied to the Iran-related conflict, reflecting higher jet fuel prices. Azul estimated about R$1 billion impact for 2024. IATA estimated the global fuel-cost increase at about US$100 billion this year.








