Lufthansa Cuts 20,000 Flights Amid Jet Fuel Price Surge
A global jet fuel price surge to $150-$200/barrel has forced Lufthansa to cut 20,000 flights, part of a 2 million seat reduction worldwide.
May 13, 20265 min
Business
Airlines Cut Capacity, Hike Fares as Fuel Costs Threaten 2026 Profitability
Global airlines are hiking fares and cutting capacity to cope with surging jet fuel costs, threatening a previously forecast $41 billion industry profit.
Apr 1, 20264 min
Business
Airlines Hike Fares, Cut Routes Amid Jet Fuel Price Spike
Airlines are hiking fares and cutting capacity to offset soaring jet fuel costs, risking a drop in consumer travel demand as household budgets tighten.
Apr 1, 20264 min
Business
United Airlines Slashes Capacity 5% Amid Surging Jet Fuel Prices
United Airlines will cut capacity by up to 5% until the Fall to offset soaring jet fuel costs driven by geopolitical conflict and oil prices hitting $175.
Mar 21, 20264 min
Business