
Airlines Grapple with Soaring Fuel Costs, Leading to Flight Cuts and Lowered Forecasts
Lufthansa announced the cancellation of 20,000 flights through October due to surging fuel prices. This comes as other major carriers, including United Airlines and Alaska Air, also lowered their profit outlooks, citing the significant impact of increased jet fuel costs.
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Middle East crises divide Europe with rising fuel costs and tensions over Israel policy - AP News
Middle East crises divide Europe with rising fuel costs and tensions over Israel policy AP News
Read full article →Petrol thefts surge as Iran war pushes up fuel costs
One petrol retailer says he is experiencing about five drive-offs a week at each forecourt, costing him thousands.
Read full article →Lufthansa cuts 20,000 flights to save fuel as prices soar
Move comes as European transport ministers gather to discuss plans to prevent region running short of jet fuel
Read full article →Airlines demand UK relax noise rules and cut flight tax as fuel shortage looms
Ministers also asked to alter compensation rights and suspend emissions trading scheme amid Middle East war Airlines are lobbying the UK government to relax environmental and noise rules, modify passenger rights and cut taxes on flying, as they prepare for higher costs and a possible shortage of jet fuel because of the war in the Middle East. A list of policy requests submitted to ministers and the aviation regulator includes suspending the emissions trading scheme and relaxing limits on nigh...
By Gwyn Topham Transport correspondent
Read full article →United Airlines slashes 2026 forecast as fuel costs surge
The carrier's first-quarter earnings topped Wall Street's expectations.
Read full article →Hong Kong-Macau ferry fares to increase by up to 11% amid fuel costs surge
The two main ferry operators running daily services between Hong Kong and Macau will raise fares by up to 11 per cent amid surging fuel prices, while a union said bus drivers were reporting lost income as companies cut services. Chief Executive John Lee Ka-chiu said on Tuesday that the government would continue to monitor oil prices as it pressed ahead with measures set out earlier by the interdepartmental task force on fuel supply. A day earlier, TurboJet and Cotai Water Jet said they would...
By Connor Mycroft
Read full article →Alaska Air says it will spend more on fuel this quarter than it earned the last two years
Alaska Air detailed the cost of the Iran war, and they’re big: some $600 million extra in fuel costs, which is more than their entire profits the last two years.
By Steve Goldstein
Read full article →Canada’s Largest Airlines Keep Cutting Routes To US–Here’s Why - Forbes
Canada’s Largest Airlines Keep Cutting Routes To US–Here’s Why Forbes
Read full article →Fuel thefts spike as petrol stations see huge increase in ‘drive-offs’
This surge coincides with a sharp rise in fuel costs since the Middle East conflict
By Neil Lancefield
Read full article →Viking Line sees improved results in Q1, but fuel costs cause a murky outlook
Citing volatile fuel prices, the company decided to not issue an earnings forecast for the remainder of the year.
Read full article →Youths in Embu stage protests over rising fuel costs
The youths want the government to urgently intervene to end the suffering of Kenyans.
Read full article →Europe's EV Sales Jump 51% As Iran War Sends Gasoline Prices Soaring
Europe's EV Sales Jump 51% As Iran War Sends Gasoline Prices Soaring By Tsvetana Paraskova of OilPrice.com, Registrations of battery electric vehicles (BEVs) in Europe’s key automotive markets surged by 51% in March as the Iran war pushed gasoline prices to multi-year highs, data published by research firm New Automotive and trade association E-Mobility Europe showed on Monday. A Tesla charging on a street in Amsterdam More than 224,000 new electric passenger cars were registe...
By Tyler Durden
Read full article →Middle East crises divide Europe with rising fuel costs and tensions over Israel policy - Naharnet
Middle East crises divide Europe with rising fuel costs and tensions over Israel policy Naharnet
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