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No immediate relief for airlines, travel bodies
Financial Express Bengaluru
|April 09, 2026
US PRESIDENT DONALD Trump’s two-week ceasefire with Iran is unlikely to provide immediate relief to the global aviation industry as it reels from its worst crisis in years, executives said on Wednesday, even as airline shares rallied after the deal.
Willie Walsh, director general of the International Air Transport Association (IATA), warned it would take months for jet fuel supply to recover even if Iran reopened the Strait of Hormuz, given disruptions to West Asia refining capacity.
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