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AIRLINES REDUCE FLIGHTS AS FUEL COSTS SURGE
US carriers spent $6. 5B on fuel in April; global profit forecast is cut nearly in halfAirlines are facing a fuel price shock. U.S. carriers spent over six billion dollars on jet fuel in April, a significant jump from last yea...
Higher airfares can price out people from flying: IATA Chief EconomistAirlines plan to increase ticket prices to offset rising fuel costs. This move might make flying unaffordable for some travelers. Jet fuel ...
Global airlines slash 2026 profit forecast on fuel shock from Iran warThe global airline industry has significantly lowered its 2026 profit forecast due to rising fuel costs and disruptions from the Iran war. ...
Airline chiefs grapple with fuel shock, fare test at Rio summitGlobal airline leaders gather in Rio de Janeiro facing a tough recovery test. The Iran war is increasing fuel costs and disrupting flight p...
Global airline chiefs to confront Iran war fuel shock at industry summitAirline leaders meet in Rio de Janeiro facing a major industry crisis. The Iran war is increasing jet fuel costs and disrupting flights. Th...
IndiGo shares crack nearly 30% from peak. Will Iran war, soaring oil prices cause more turbulence?InterGlobe Aviation faces significant challenges in 2026 due to new FDTL norms causing pilot shortages and widespread disruptions. The Isra...
Cabinet approves Rs 10,000 crore fund to cap jet fuel prices; clears Rs 24,249 crore highway projectsAviation Turbine Fuel prices will be capped by state-run oil companies. The government has approved a ₹10,000 crore support scheme. This ai...
Cabinet approves Rs 10,000 crore for ATF price stabilization fundThe Union Cabinet has approved a Rs 10,000 crore Aviation Turbine Fuel Price Stabilisation Fund. This fund aims to protect airlines and pas...
JetBlue flags higher fuel costs as Iran conflict drags onFuel price volatility has prompted airlines across the globe to hike passenger fares and baggage fees to recover higher costs, as well as c...
India keeps local jet fuel prices unchanged after airline pleaIndian oil refiners have maintained jet fuel prices for domestic flights. This decision follows a request from airlines facing challenges f...
Delhi airport, SpiceJet issue travel advisory: Bad weather likely to affect flight operationsDelhi Airport authorities said that as per the Indian Meteorological Department's forecast, Delhi is experiencing inclement weather conditi...
IndiGo to pass on ATF price hikes, to see if fuel hedging could be an optionIn Q4, IndiGo's earnings were impacted by higher fuel expenses, softer yields and disruptions linked to geopolitical tensions in the Middle...
Air India extends suspension of flights on Tel Aviv-Delhi route till July endAir India has extended its flight suspension on the Tel Aviv-Delhi route until July end on Thursday. This decision comes amid ongoing geopo...
IndiGo, Air India cut flights as fuel costs bite; fares set to riseIndiGo and Air India are reducing domestic flights from June to August. Higher jet fuel prices are impacting operations. This will likely l...
India's top airlines cut domestic flights between 5-22%Aviation giants Air India and IndiGo are cutting domestic flights between June and August 2026. High aviation fuel costs are impacting airl...
Air India to cut 22 percent domestic flights amid high fuel pricesAir India is reducing domestic flights by up to 22 percent. This move comes as the airline faces rising operational costs from high fuel pr...
Air India, IndiGo to cut domestic flight operations as ATF prices, low demand hurt: ReportAir India and IndiGo are reducing domestic flights starting June 1 for three months. This move comes as jet fuel prices surge and demand di...