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Originally published by Capital Business
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business
April 8, 2026
4h ago

Airlines cut flights and hike fares as fuel prices surge

Airlines cut flights and hike fares as fuel prices surge

Many airlines around the world have had to take emergency measures to counter the rising cost of fuel, which typically makes up 20-40% of their operating costs. Kenya breaking news | Kenya news today |..

✨ Key Highlights

Airlines worldwide are implementing emergency measures, including cutting flights and increasing fares, in response to a surge in jet fuel prices stemming from the US-Israeli conflict with Iran.

  • European jet fuel prices hit an all-time high of $1,838 per tonne, more than double the pre-war price.
  • Airlines like Air India and Air New Zealand are reducing services and adjusting surcharges.
  • Analysts warn of further ticket price hikes and flight cancellations, particularly as Middle Eastern oil supplies, crucial for aviation fuel, are disrupted.

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