Dubai Jet Billionaire Says Oil Spikes Risk Bankrupting Airlines

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Bloomberg Markets 5 days ago • bloomberg.com

Dubai Jet Billionaire Says Oil Spikes Risk Bankrupting Airlines

For Dubai-based billionaire Gediminas Ziemelis the aviation industry is experiencing a sense of deja-vu amid the Middle East conflict: grounded planes, plummeting demand and no clear sense of when it might all be over.

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