Economy18:36 · 23m ago
Global Aircraft Shortage Drives Up Flight Prices Despite Airline Blame
Channel 13Center
Translated & summarized from Channel 13 by baba
The story · English
Flight prices have surged worldwide, causing frustration among travelers trying to book tickets. While many have blamed Iranian actions and airline companies for exploiting the situation, the primary cause is a global shortage of airplanes. News 13 visited one of El Al's older planes, which was refurbished due to the scarcity of available aircraft, to assess the economic impact on the public. This shortage has led to fewer flights and higher costs, affecting passengers internationally. The report highlights how the limited supply of planes, rather than airline profiteering or geopolitical factors alone, is driving the sharp rise in airfare prices.