Which airlines are being hurt worse by the Iran war — Chinese or Indian carriers?

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Chinese and Indian carriers are being hit hard by the global jet crisis, but for different reasons, CNBC’s Monica Pitrelli explains. Both have price-sensitive passengers which makes it hard to increase airfares without curtailing demand. But China’s high-speed rail service cuts into airline pricing power, while India’s carriers are more exposed to the Middle East. HSBC expects China’s Big Three airlines to post combined losses of $3.2 billion in 2026.