World air industry is in turmoil, as developments in the Middle East and fears of fuel shortage lead to massive flight cuts.
Within just two weeks, airlines have removed about 2 million seats from the May routes, in an attempt to adapt to new, uncertain conditions.
Thousands of flights have already been cancelled, while many companies choose smaller or more fuel efficient aircraft to limit consumption.
At the same time, major air carriers are remodeling their networks, trying to manage the pressures created in global air traffic.
The crisis has particularly affected the connections between Europe and Asia, as airports-columns in the Gulf have restricted their operation, creating significant obstacles to movement.
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Flight cancellations, price launch and fears of deficiencies
Since the start of the conflict with Iran in late February, the price of aircraft fuel has doubled.
This has forced airlines to increase ticket prices, while also increasing concern about possible deficiencies.
The situation is even more difficult in Asia, where many countries depend on fuel supplies passing through the Straits of Hormuz, an area that remains substantially blocked due to tension and military movements.
Large airlines from Europe, the USA and Asia proceed to significant capacity changes, either by reducing or redistributing positions and routes.
Some routes are now served with larger aircraft to meet demand for direct flights, while others are drastically limited due to costs.
Analysts warn that uncertainty surrounding fuel adequacy is unprecedented and may continue to affect the industry for a long time, with direct consequences for both companies and passengers.
With FT information
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