Europe's airlines are losing ground to global rivals and need stronger EU support to tackle rising ​regulatory costs, make sustainable jet fuel affordable and better ‌manage crises, a lobby group representing the continent's main carriers said.

Reuters – The European Union has asked for feedback on a new Aviation and Aeronautics Strategy, ​with the deadline for submissions set for Thursday as ​the sector struggles with the knock-on effects of the Iran ⁠war.

The group, which represents ​carriers including Ryanair (RYA.I), opens new tab, Air France-KLM (AIRF.PA), opens new tab and Lufthansa (LHAG.DE), opens new tab, has lobbied for ​reforming and limiting disruption around air traffic control in Europe, looser sustainability rules and ‌help ⁠to make the sector more globally competitive.

Specifically, the group is calling on the EU to create a stronger crisis management framework and an aviation waiver which would allow obligations to be ​temporarily suspended or ​adjusted when complying ⁠with them is clearly impractical or counterproductive.