U.S. Airlines Raise Fares, Trim Capacity for Summer as Fuel Costs Jump
U.S. airlines are raising fares and baggage fees to offset higher fuel costs from the Iran war.
Some are also cutting capacity heading into the busy summer travel season.
Lufthansa and American Airlines Cut Flights
- Airline company Lufthansa cuts 20,000 flights as war squeezes fuel prices and supplies ABC News —
- American Airlines says soaring price of jet fuel will cost it $4bn this year The Guardian —
- American Airlines cuts profit prediction amid high fuel prices, following industry trend Washington Examiner —
- American Airlines Cuts Profit Outlook After Fuel Prices Soar Wall Street Journal —
- American Airlines Cuts Profit Outlook After Fuel Prices Soar Wall Street Journal —