15 airlines cancelling flights as fuel crisis sees 20,000 more routes cut and fares spike
A loss of capacity due to security reasons among the Gulf carriers such as Emirates and Ethiad has increased demand on airlines less directly impacted by the way, which has, in turn, pushed up the price of tickets.
- 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 —