Airlines hit by fuel crisis

The escalating conflict in the Middle East has sent shockwaves through the global aviation industry, forcing a 'Surcharge Summer' for travelers.

Lufthansa has announced the cancellation of 20,000 short-haul flights through October, while WestJet and Air Canada have implemented their third baggage fee increases in less than three years.

Industry analysts warn that economy ticket prices have already surged by 24% compared to 2025 levels.

With the Strait of Hormuz effectively closed, the disruption to fuel supply chains is expected to impact vacation plans for millions of tourists across Europe and the Mediterranean.