Lufthansa cuts 20,000 summer flights as fuel prices surge
The airline is the latest to cut flights as the US-Israel war with Iran sends jet fuel prices soaring.
The airline is the latest to cut flights as the US-Israel war with Iran sends jet fuel prices soaring. Grouped from 8 articles across 6 sources.
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The airline is the latest to cut flights as the US-Israel war with Iran sends jet fuel prices soaring.
The impact of jet fuel shortages because of the closure of the Strait of Hormuz is starting to burn. Lufthansa has canceled 20,000 flights and experts warn more cancellations and price hikes are on the way.
The impact of jet fuel shortages because of the closure of the Strait of Hormuz is starting to burn. Lufthansa has canceled 20,000 flights and experts warn more cancellations and price hikes are on the way.
Move comes as European transport ministers gather to discuss plans to prevent region running short of jet fuel
First 120 cancellations were implemented on April 21, with more reductions expected in coming weeks.
As Frankfurt Airport opens a new terminal, Lufthansa has scrapped 20,000 flights due to soaring fuel prices. Meanwhile, the Economy Ministry has reduced its forecast growth down to 0.5%. DW has more.
Europe may face a jet fuel shortage in several weeks, perhaps leading airlines to cancel flights ahead of the busy summer travel season.
Lufthansa has said 20,000 short-haul flights are being cut from its schedule this summer, allowing it to save on the soaring cost of jet fuel.
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