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U.S. airlines spent more than $5 billion on jet fuel in March, U.S. government data released Wednesday shows. The spike came after the U.S.-Israel strikes on Iran began, effectively closing the Strait ...

Rescheduling in May could be followed by summer cancellations as Middle East war continues to disrupt fuel supplies Two million airline seats have been cut from this month’s schedules as airlines ...

Ryanair's CEO warned that other European airlines will face "financial difficulties" if jet fuel prices stay high. Michael O'Leary said the budget carrier was "insulated" because it's hedged 80% of ...

A departures schedule in Terminal A at Newark Liberty International Airport in Newark, New Jersey, on Nov. 3, 2025. Reporter Airlines are raising prices for passengers and even canceling flights as ...

Mike Wirth, the CEO of Chevron, predicted Sunday that the aviation industry will continue to suffer from jet fuel shortages arising from Iranian restrictions on shipping through the Strait of Hormuz. ...

The soaring cost of jet fuel due to the war in Iran will lead to significantly higher airfares. But don’t expect ticket prices to drop once fuel prices start to decline. Higher fares are being driven ...

April 24 (UPI) --A catastrophe in global aviation fuel is taking shape, and almost no one is paying attention. The culprit is the prolonged conflict in the Middle East and the supply insecurity it has ...

This is read by an automated voice. Please report any issues or inconsistencies here. California’s jet fuel stockpile has dropped more than 25% to two-year lows as war disrupts global oil supplies, ...

Facing sky-high fuel costs linked to the war in Iran, airlines are cutting routes and raising prices. European vacations are looking a lot less affordable. By Christine Chung This summer is shaping up ...

Airlines’ first-quarter earnings reports reveal how soaring jet fuel prices are draining billions from U.S. carriers, even as they post record revenue. Airline chiefs: United Airlines CEO Scott Kirby, ...

Lufthansa is cutting roughly 20,000 short-haul flights this summer, citing a spike in jet fuel prices that has rendered many routes "unprofitable" as the global aviation industry grapples with rising ...