The New York Times – Travel:
Facing sky-high fuel costs linked to the war in Iran, airlines are cutting routes and raising prices. European vacations are looking a lot less affordable.
Category: Oil (Petroleum) and Gasoline
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U.S. Nears Loan to Rescue Spirit Airlines
The New York Times – Travel:
The Trump administration is negotiating a deal that would provide as much as $500 million to the struggling company, which is in its second bankruptcy in two years.
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European Airlines Face Fuel Shortages Within Weeks
The New York Times – Travel:
If tankers do not soon begin crossing the Strait of Hormuz, airlines in Europe may not have enough jet fuel to operate all of their flights.
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Delta Expects Strong Profit Despite Higher Fuel Costs
The New York Times – Travel:
The airline said demand for tickets remained very strong despite the effects of the war in Iran.
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Delta, WestJet and Other Airlines Announce Higher Baggage Fees and Fuel Surcharges
The New York Times – Travel:
American and Canadian airlines, squeezed by surging fuel costs from the war in Iran, are adding “sticky” new bag fees and surcharges, on top of higher fares.
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War in Iran Is Disrupting Air Travel, Hitting Middle East Hardest
The New York Times – Travel:
Some airlines and travelers, especially in the Middle East and elsewhere in Asia, are bearing the brunt of the pain, while others are doing better.
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Flight Costs Are Up, but Travelers Aren’t Deterred, U.S. Airlines Say
The New York Times – Travel:
Airline executives said the war in Iran had raised fuel costs and, as a result, fares, but that had not yet hurt demand for tickets from individuals and businesses.
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War in Iran Has Grounded Gulf Airlines Like Emirates
The New York Times – Travel:
Emirates, Qatar Airways and Etihad Airways have become some of the world’s largest and most profitable thanks to their location at the center of busy travel routes.
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What to Know About the Rising Price of Oil and Its Effects on Airline Ticket Prices
The New York Times – Travel:
The Gulf conflict has led to higher fuel prices, and the cost of operating a plane has sharply increased. For travelers, that likely means higher fares.