Another airline shuts down as US-Iran war keeps fuel costs high; hydrogen-electric air taxi startup abando
- Posted on August 25, 2026
- By Business News Today
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- 1 min read
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Another airline shuts down as US-Iran war keeps fuel costs high; hydrogen-electric air taxi startup abando
Australia's Stralis, an airline startup, is shutting down after plans for hydrogen-electric air taxi flights failed to reach commercial readiness. The decision comes as high jet fuel prices linked to the US-Iran war continue to pressure airlines. Moreover, the company also faced regulatory costs, limited hydrogen infrastructure and a lack of funding
