Jet fuel shock forces airlines to cut flights
AIRLINES are trimming flights as soaring jet fuel costs and Middle East disruption threaten summer travel, squeezing margins and raising shortage fears.
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AIRLINES are trimming flights as soaring jet fuel costs and Middle East disruption threaten summer travel, squeezing margins and raising shortage fears.
www.thestar.com.myAirlines have cut 13,000 flights globally in May as jet fuel prices soar due to the conflict in the Middle East.
www.bbc.comContinental Becomes Third Major Airline In Recent Weeks To Make Large Service Cuts
www.cbsnews.comA sudden jet fuel squeeze tied to the Iran war is pushing airlines worldwide to trim capacity, reroute long-haul networks and pass sharply higher costs to passengers.
www.thetraveler.orgAir Canada, Delta Air Lines and Norse Atlantic are among the airlines suspending routes to cut fuel expenses.
thepointsguy.comCathay Pacific and major carriers including Delta, United, SAS, Air New Zealand and Vietnam Airlines are trimming schedules as jet fuel costs soar above 200 dollars a barrel.
www.thetraveler.orgCarriers are walking a fine line between strong demand and rising costs, and they're responding the only way they can in the short term: with fewer flights. U.S. majors United Airlines (UAL) and Delta Air Lines (DAL), along with national flagships such as Air Canada (ACDVF) and the Netherlands' KLM Royal Dutch (KLMR), have already cut flights and plan to enter the summer peak air-travel season leaner. Germany's Lufthansa (XE:LHA) said Tuesday it was cutting 20,000 flights through October. …...
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