- Air travel prices likely to get worse in coming weeks, Chevron CEO says CBS News —
- How the jet fuel 'crisis' could ruin your holiday | Global News Podcast 📹 BBC News —
- Airlines in Europe slash thousands of flights as Iran war cuts jet fuel supplies NPR —
- Iran war jet fuel crisis threatens summer travel 📹 Reuters —
- 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 —
- Airline company Lufthansa cuts 20,000 flights as war squeezes fuel prices and supplies ABC News —
- WestJet raises baggage fees as Iran war pushes jet fuel prices higher Global News —
- WestJet the latest airline to hike baggage fees amid sky-high jet fuel prices CTV News —
Jet fuel crisis hits airlines
The ongoing conflict in the Middle East has triggered a systemic shortage of jet fuel, forcing the aviation industry into a period of severe disruption.
American Airlines has projected an additional $4 billion in fuel expenses this year, while Lufthansa plans to cut 20,000 short-haul flights through the fall.
Industry experts warn that even if the war ended immediately, it would take months for supply chains and ticket prices to stabilize.
Travelers are being advised to brace for higher fares and frequent cancellations during the peak summer season.
Lufthansa
Flag-carrier and largest airline of Germany
Flag-carrier and largest airline of Germany
Strait of Hormuz
Strait between the Gulf of Oman and the Persian Gulf
Strait between the Gulf of Oman and the Persian Gulf