Fuel crisis from Middle East conflict could push carrier into loss as it looks to offset costs with higher fares The soaring price of jet fuel will cost American Airlines another $4bn this year, the ...

Air Transat, Air Canada and WestJet have all cancelled flights, citing soaring fuel costs — and several global airlines are doing the same You can save this article by registering for free here. Or ...

Thought the summer travel season was looking bad? Brace yourself: It could get even worse. On top of higher airfares and fees because of the war in Iran, airlines in Europe and Asia, many of which ...

NEW YORK (AP) — A looming jet fuel shortage in Europe and Asia sparked by the Iran war and the effective closure of the Strait of Hormuz could further upend world travel within weeks if oil doesn't ...

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. While carriers in Asia and Europe are managing the oil crisis by rationing jet fuel and ...

Seven weeks after the US-Israel war on Iran closed down airspaces and plunged the aviation industry into chaos, airlines traversing the Middle East are slowly returning to normal traffic after being ...

Forbes contributors publish independent expert analyses and insights. Doug Gollan covers private aviation and the business of luxury travel. This voice experience is generated by AI. Learn more. This ...

As supply tightens, airlines face higher costs, route cuts and rising passenger fares The world consumes nearly 8 million barrels of jet fuel every day, yet cleaner alternatives such as Sustainable ...

PARIS—For more than a month, the war with Iran has choked off one of the world’s most critical sources of jet fuel, triggering a swift and dramatic shortage across the aviation world. Airlines, ...

President Trump has ousted Kristi Noem from the Department of Homeland Security, but his administration is hanging on to the controversial $70 million jet she leased during her tenure, according to a ...

Airlines have trimmed their schedules, added surcharges and raised fees or fares as the price of jet fuel rises. Jet fuel is generally airlines' biggest cost after labor. Fuel prices have nearly ...

An international jet fuel shortage is driving up airfares and triggering thousands of flight cancellations as airlines grapple with rising costs. Analysts warn the crisis could deepen in the coming ...