Bloomberg, Thursday:

Malaysia said airlines may need to suspend some flights if the Middle East war pushes fuel costs significantly higher.

Jet fuel accounts for almost half of airlines’ operating costs, Malaysia’s Transport Minister Anthony Loke said on Facebook late Thursday.

…The transport ministry “will discuss with airports and relevant stakeholders to support the survival of local airlines,” he said.

…“All parties also agreed to meet weekly as this crisis remains volatile and requires rapid action in the event of new developments,” he added.”