Who is paying the price of high fuel costs and tariffs? - Reuters

Who is paying the price of high fuel costs and tariffs?  Reuters

Which airlines are cancelling flights to the UK - and what can you do?

Airlines are putting up prices and cancelling flights in response to higher jet fuel prices.

American Airlines Lowers Earnings Goal as Fuel Bill Surges - Bloomberg.com

American Airlines Lowers Earnings Goal as Fuel Bill Surges  Bloomberg.com

American Airlines says soaring price of jet fuel will cost it $4bn this year

Fuel crisis from Middle East conflict could push carrier into loss as it looks to offset costs with higher fares Business live – latest updates The soaring price of jet fuel will cost American Airlines another $4bn this year, the carrier has said, wiping out forecast profits. The airline, the world’s largest by passengers flown, said the fuel crisis from the US-Israel war on Iran could push it into losses during 2026, having forecast profits approaching $1.8bn before bombing started. Conti...

By Gwyn Topham Transport correspondent

Airlines in Europe slash thousands of flights as Iran war cuts jet fuel supplies

The soaring cost of jet fuel is forcing European airlines to cancel tens of thousands of flights, while energy authorities warned of a possible jet fuel shortage if supplies aren't replenished soon.

By Joel Rose

How Iran war has triggered soaring cost of medicines

Pharmacists in some countries have seen the cost of painkillers more than quadruple.

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.

Flight cancellations stacking up as jet fuel shortage continues

Airlines around the world are cutting flights as they face what some experts are calling the worst aviation crisis ever, with fuel shortages caused by the blockage of the critical Strait of Hormuz.

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

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

Airlines Posted Record Revenue In Q1—But Lost Billions To Pricier Jet Fuel - Forbes

Airlines Posted Record Revenue In Q1—But Lost Billions To Pricier Jet Fuel  Forbes

Full list of airlines cancelling flights worldwide as jet fuel crisis continues

Air Transat, Air Canada and WestJet have all cancelled flights, citing soaring fuel costs — and several global airlines are doing the same

By Ellie Hutchings

American Airlines Group Q1 Earnings Call Highlights

Mounting losses, safety concerns: Singapore Airlines steps in as Air India losses swell to $2.4 billion

The move signals a significant deepening of Singapore Airlines’ involvement, particularly after the fatal Dreamliner crash.

US airlines struggle with Iran war fuel costs - The Straits Times

US airlines struggle with Iran war fuel costs  The Straits Times

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 […]

Concerns Iran war, fuel costs will impact tourism sector

There is growing nervousness within the tourism industry that the war in Iran could impact the sector's performance this year.

Southwest outlines Q2 EPS of $0.35-$0.65 amid fuel uncertainty and targets 16.5%-18.5% unit revenue growth

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.

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

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

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

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

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

Icelandair cuts flights by 2% amid rising fuel costs - Iceland Monitor

Icelandair cuts flights by 2% amid rising fuel costs  Iceland Monitor