KLM and Lufthansa Adjust Operations Amid Jet Fuel Crisis
KLM and Lufthansa are cutting flights as the European jet fuel crisis forces capacity reductions and the permanent closure of Lufthansa CityLine.
May 26, 20264 min
Business
IATA: European Airfares to Rise Amid Hormuz Fuel Crisis
IATA warns European airfares will rise as the Strait of Hormuz crisis has driven jet fuel prices from $95 to over $162 per barrel since February.
May 16, 20265 min
Business
SIA Net Profit Halves on Fuel Costs, Air India Loss
Singapore Airlines' net profit fell 57.4% to SGD 1.184B, impacted by surging jet fuel costs and its share of Air India's significant financial losses.
May 15, 20265 min
Business
IAG Q1 Profit Jumps 77% to €351M Despite Fuel Costs
IAG reported a €351M Q1 2026 operating profit, up 77%, on strong travel demand but lowered its full-year outlook due to rising jet fuel prices.
May 9, 20265 min
Business
EC Warns Airlines on Retroactive Fuel Surcharges
The European Commission warned airlines against adding retroactive fuel surcharges, upholding EU passenger rights amid a severe aviation fuel supply...
May 8, 20265 min
Regulatory
IAG Lowers 2026 Profit Outlook Due to Mideast War
IAG lowered its 2026 profit outlook, projecting a €2 billion increase in jet fuel costs due to the ongoing Middle East conflict.
May 8, 20264 min
Business
EASA, Eurocontrol Mull New Fuel Tankering Rules
EASA and Eurocontrol are developing safety guidance that may alter strict fuel tankering rules amid jet fuel shortages and geopolitical disruptions.
May 7, 20264 min
Regulatory
Global Airlines Cut 2M Seats in May as Fuel Costs and Shortages Mount
Global airlines cut 2 million seats from May schedules as surging jet fuel costs and availability fears, stemming from the Iran conflict, disrupt travel.
May 4, 20265 min
Business
Air Canada Cuts Sacramento-Toronto Flight Early Amid Fuel Crisis
Air Canada is ending its seasonal Sacramento-Toronto service early on August 1st, citing jet fuel costs that have doubled since the start of the Iran...
May 4, 20264 min
Airlines
UK Tells Airlines to Plan Summer Schedule Changes Amid Jet Fuel Shortage
The UK government has instructed airlines to prepare for summer flight changes due to potential jet fuel shortages, relaxing airport slot rules to...
May 3, 20265 min
Regulatory
UK Govt Plans Slot Rule Relief to Avert Summer Flight Cancellations
The UK government is consulting on airport slot rule relief to let airlines consolidate summer schedules, aiming to prevent last-minute cancellations.
May 3, 20265 min
Regulatory
UK Eases Airport Slot Rules to Avert Summer 2026 Flight Cancellations
The UK government is easing 'use it or lose it' airport slot rules to help airlines manage soaring jet fuel costs and prevent mass summer cancellations.
May 3, 20264 min
Regulatory
Repsol Boosts Jet Fuel Output Amid Iran Conflict Supply Constraints
Repsol is increasing jet fuel production by 15-20% at its Spanish refineries as geopolitical conflict in Iran tightens global aviation fuel supplies.
May 2, 20263 min
Business
Air India Cuts Flights Through July as Jet Fuel Spike Renders Routes Unviable
Air India is cutting international flights through July as a massive spike in jet fuel prices and airspace restrictions have made many routes unviable.
May 2, 20264 min
Airlines
Air Canada Suspends JFK Flights for 5 Months Amid Fuel Crisis
Air Canada is suspending Toronto and Montreal flights to JFK for five months due to soaring jet fuel prices linked to the ongoing Iran conflict.
Apr 20, 20265 min
Business
Jet Fuel Crisis Forces Airlines to Raise Fares, Cut European & Asian Flights
Airlines face higher costs and flight cuts as a jet fuel crisis linked to the Strait of Hormuz closure deepens across Europe and Asia.
Apr 19, 20265 min
Business
AOPA Nigeria: Global Jet Fuel Pricing Cripples Domestic Airlines
Nigeria's AOPA president states that globally-benchmarked jet fuel prices, not supply issues, are crippling domestic airlines' finances and sustainability.
Apr 19, 20265 min
Business
Spirit Airlines Seeks Trump Administration Bailout to Avoid Liquidation
Spirit Airlines has asked the Trump administration for an emergency bailout to avoid liquidation amid surging jet fuel prices and mounting creditor...
Apr 18, 20264 min
Business
Middle East Crisis Spurs Europe's Shift to Sustainable Aviation Fuel
Geopolitical instability is creating a critical jet fuel shortage in Europe, accelerating the strategic transition to sustainable aviation fuel (SAF).
Apr 18, 20265 min
Business
IATA Warns of May Flight Cancellations Amid European Jet Fuel Shortage
IATA warns European flights face cancellation by late May due to a severe jet fuel shortage caused by Middle East conflict, threatening summer travel.
Apr 18, 20265 min
Business