Lufthansa cuts 20,000 summer flights amid soaring jet fuel prices
German airline Lufthansa announced it will reduce 20,000 short-haul flights over the summer due to a sharp increase in jet fuel prices.The airline cited that many journeys have become unprofitable as fuel costs have doubled since the start of the US-Israel war and related Middle East supply disruptions.Jet fuel prices have surged largely because of slowed production and transportation in the Middle East, with the Strait of Hormuz effectively closed by Iran in response to US and Israeli military actions.This strait is a critical transit point for about half of Europe's aviation fuel imports.Lufthansa stated that the cuts will primarily... [Continue Reading]
360LiveNews | 22 Apr 2026 13:01 LONDON
