Lufthansa and American Airlines Cut Flights

The aviation industry is facing its worst crisis since the pandemic as the conflict in the Middle East disrupts global energy supplies.

Airlines are being forced to raise fares and implement fuel surcharges to offset a $4 billion increase in operating expenses.

Some carriers have warned of a 'systemic' fuel shortage if the Strait of Hormuz remains blocked, potentially leading to widespread travel chaos during the peak summer season.

Industry experts predict that even if the war ends immediately, it will take months for flight schedules and prices to return to normal.