Supportive
Southeast Asia ought to bail out private budget airlines as fuel costs surge—here's why
Southeast Asia's low-cost airlines face unsustainable jet fuel prices, exacerbated by the Iran conflict and weak hedging strategies. This surge threatens their viability, despite their critical role in connecting the region's islands and strong demand for travel. The author argues that governments must provide immediate financial support, such as loans, grants, or fuel price relief, to prevent flight cancellations and airline collapses. These carriers are essential services, particularly in island nations, and require targeted intervention to maintain affordable air travel and avoid further economic slowdown. Help should not be delayed.
LiveMint · mint · May 7, 2026 at 9:30 AM