
Airlines Face Soaring Fuel Costs, American Cuts Earnings Forecast
Major airlines, including American Airlines and Southwest, are grappling with a significant surge in fuel costs, leading American Airlines to cut its earnings forecast for the year. Despite these financial pressures, some carriers like Qatar Airways and Aegean are resuming flights to the Middle East.
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Who is paying the price of high fuel costs and tariffs? - Reuters
Who is paying the price of high fuel costs and tariffs? Reuters
Read full article →Petrol thefts surge as Iran war pushes up fuel costs
Petrol thefts are up by around 62% compared to last year.
Read full article →Europe’s Top Oil Refinery Ramps Up Jet Fuel Amid Supply Crunch - Bloomberg.com
Europe’s Top Oil Refinery Ramps Up Jet Fuel Amid Supply Crunch Bloomberg.com
Read full article →Lufthansa cuts 20,000 flights as Iran war causes jet fuel shortage
The German airline says 20,000 short-haul flights would be removed from its schedule between now and October.
Read full article →American Airlines CEO says merger with United would be 'bad for customers'
United CEO Scott Kirby floated the idea of a merger with American to a Trump administration official earlier this year, according to sources.
Read full article →Europe cancels thousands of flights amid Middle East fuel shock
Soaring fuel costs as a result of the conflict in the Middle East are sending the aviation industry into a tailspin, with European airlines being forced to cancel thousands of flights and hike ticket prices. From grounded fleets in Germany to rising fares in France, we look at how the energy crisis is threatening to derail summer travel plans across the continent
By FRANCE24
Read full article →American Airlines reports record revenue as strong travel demand offsets higher fuel costs
It’s a precarious time for the airline sector, as a surge in fuel costs due to the Iran conflict is forcing carriers to cut capacity.
By Tomi Kilgore
Read full article →American Airlines cuts 2026 earnings forecast on fuel costs
Read full article →Air Transat latest Canadian airline to suspend flights due to high price of fuel
The airline is reducing the number of flights on some routes to Europe and the Caribbean and extending the suspension of service to Cuba until October
By Stewart Lewis
Read full article →Japan’s ANA to introduce fuel surcharge to domestic flights amid rising costs - The Straits Times
Japan’s ANA to introduce fuel surcharge to domestic flights amid rising costs The Straits Times
Read full article →Cyprus Airways restores key Israel link after safety review
Local airline Cyprus Airways on Thursday announced the resumption of daily flights between Larnaca and Tel Aviv, restoring a key air link between Cyprus and Israel. The airline confirmed that the route will operate on a daily basis, offering passengers “frequent and convenient travel options” between the two destinations. The move marks the return of […]
Read full article →American Airlines generates record revenue, sees price hikes offsetting fuel costs in FY26
Read full article →Refinery margin cuts increased to B5 per litre
A government panel has increased the reduction in the refining margin to 5 baht per litre, from 2 baht earlier, in a move aimed at easing fuel costs.
Read full article →American Airlines Lowers Earnings Goal as Fuel Bill Surges
American Airlines Group Inc. lowered its full-year earnings target, saying it may end 2026 with a loss as the carrier absorbs $4 billion in additional fuel costs from the war in Iran.
By Sri Taylor
Read full article →American Airline Cuts Outlook After Jet Fuel Shock Bill
American Airline Cuts Outlook After Jet Fuel Shock Bill American Airlines slashed its full-year outlook on Thursday morning, warning it could post a loss in 2026 as the Iran-U.S. war, which sent jet fuel prices soaring, adds roughly $4 billion in fuel costs. The airline now expects full-year results ranging from a 40-cent loss to a $1.10 profit, down from its earlier forecast of $1.10 to $2.70 in earnings per share. "Based on the forward fuel curve and the current revenue ou...
By Tyler Durden
Read full article →AEGEAN: Rising fuel costs linked to the Middle East remain the primary concern – Bookings and demand stay resilient
Everything that Evtichis Vassilakis and Dimitris Gerogiannis said at yesterday's general meeting of the group The post AEGEAN: Rising fuel costs linked to the Middle East remain the primary concern – Bookings and demand stay resilient appeared first on ProtoThema English.
By admin
Read full article →Air India mulls broad flight cuts amid high fuel costs - Daily Mirror - Sri Lanka
Air India mulls broad flight cuts amid high fuel costs Daily Mirror - Sri Lanka
Read full article →Qatar Airways announces flight resumption to UAE, Syria
Daily flights to the UAE resume on April 23, with Damascus following on May 1. Qatar Airways is resuming daily flight services to the United Arab Emirates and Syria as… (The post Qatar Airways announces flight resumption to UAE, Syria is from Doha News | Qatar.)
By Asmahan Qarjouli
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