Jet Fuel Is Running Out in Europe. Why Your Summer Travel Plans Are at Risk.
Barrons
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The Iran war has caused a mess throughout the entire oil market, but jet fuel is a particular point of pain, and Europe has been hit the hardest of all.
- American Airlines says soaring price of jet fuel will cost it $4bn this year The Guardian —
- Airline company Lufthansa cuts 20,000 flights as war squeezes fuel prices and supplies ABC News —
- Lufthansa cuts 20,000 flights as Iran war causes jet fuel shortage Al Jazeera —
- American Airlines cuts profit prediction amid high fuel prices, following industry trend Washington Examiner —
- American Airlines is slashing its 2026 earnings forecast as jet fuel costs soar Quartz —