Airlines Cut 2M Seats Amid 2026 Jet Fuel Crisis

Airlines are cutting millions of seats and raising fares for summer 2026 as the Iran war and Strait of Hormuz disruption cause jet fuel prices to surge...

May 8, 2026•6 min

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Business

Gulf Coast Jet Fuel Prices Spike 90%, Squeezing Airline Operating Costs

Jet fuel prices have spiked 90.2% year-over-year through March, driven by geopolitical conflict and placing severe pressure on airline operating costs.

Apr 5, 2026•5 min

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Business