The airlines cut 2,000,000 places due to lack of fuel
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The airlines cut 2,000,000 places due to lack of fuel

The global air market is entering a period of intense turbulence, as the energy crisis triggered by tension in the Middle East begins to be directly reflected in the routes and availability of seats. The airlines are moving on to massive flight cuts, significantly limiting capacity within May, in an effort to manage the growing [...]

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Because the airlines are not going to reduce the increased fare
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Because the airlines are not going to reduce the increased fare

The cost of fuel for aircraft has almost doubled due to the war in Iran, leading to significant increases in ticket prices. However, analysts estimate that airlines will not reduce fares even if fuel prices decline. United CEOs, Scott Kirby, and American Airlines, Robert Isom, confirmed on Wednesday and Thursday respectively that passengers are already paying 20% more per mile, while reservations remain at high levels. Southwest CEO Andrew Waterson reported five ticket increases this year. This attitude led to criticism by Members such as Richie Torres, who denounced the «corporate greed».

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European airlines cancel flights
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European airlines cancel flights

The aircraft fuel crisis, caused by the closure of the Strait of Ormuz, forces major European airlines to cut flights and freeze aircraft, amid tightness in the offer, notes Politico. International Energy Agency chief Fatih Birol told the AP Thursday that the continent has «aircraft fuel stocks perhaps for [...]

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