Airlines Cancel Flights, Raise Fares Due to Middle East Conflict

Airlines globally, particularly low-cost carriers, are canceling flights and increasing fares as the Middle East conflict drives up jet fuel prices and impacts oil supplies due to the closure of the Strait of Hormuz.

29 Apr, 09:35 — 29 Apr, 09:35

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France 24High130d ago

Airlines worldwide cancel flights, raise fares amid Middle East conflict

Ryanair, Transavia, Volotea and other low-cost airlines are feeling the financial pain from high jet fuel prices as a result of the Middle East war and are cutting flights. The closure of the Strait of Hormuz has taken a huge chunk of oil supplies off the market, sending the price of jet fuel soaring and triggering fears of shortages that could force airlines to cancel flights.

By FRANCE24

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Airlines Cancel Flights, Raise Fares Due to Middle East Conflict

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Airlines worldwide cancel flights, raise fares amid Middle East conflict

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