Why US-Iran truce may not end high airfares and flight disruptions

Airlines are struggling with increased fuel costs and decreased demand due to the six-week war in the Middle East, leading to route and cost reductions. Air France has extended flight suspensions in the Gulf region until May, a decision made before the recent US-Iran truce. Despite the ceasefire, uncertainty remains regarding jet fuel prices returning to pre-war levels. Consequently, airline executives are reevaluating expansion plans and aircraft orders. The disruptions and high airfares may persist even with the truce, impacting travel in the Gulf region and potentially beyond.