Close Menu
  • US
  • World
    • Canada
    • Europe
    • Asia
    • Africa
    • Australia
    • South America
  • Politics
  • Business
    • Finance
    • Investing
    • Markets
    • Economy
    • Small Business
    • Crypto
  • Money
  • Lifestyle
  • Sports
  • Videos
  • Topics
    • Entertainment
    • Health
    • Tech
    • Travel
  • More Articles
Trending Now
Calgary to continue receiving Housing Accelerator Fund after citywide rezoning repeal

Calgary to continue receiving Housing Accelerator Fund after citywide rezoning repeal

April 23, 2026
Former leader Jade Ingham personally responsible for violence and sexism

Former leader Jade Ingham personally responsible for violence and sexism

April 23, 2026
Alabama High School Teacher and Coach Facing Divorce After Being Charged With 30-Plus Child Sex Crimes

Alabama High School Teacher and Coach Facing Divorce After Being Charged With 30-Plus Child Sex Crimes

April 23, 2026
Florida man’s execution date set for killing 2, including small child

Florida man’s execution date set for killing 2, including small child

April 23, 2026
Senate GOP launches all-night vote-a-rama to fund ICE, Border Patrol through end of Trump’s term

Senate GOP launches all-night vote-a-rama to fund ICE, Border Patrol through end of Trump’s term

April 23, 2026
Facebook X (Twitter) Instagram
Just In
  • Calgary to continue receiving Housing Accelerator Fund after citywide rezoning repeal
  • Former leader Jade Ingham personally responsible for violence and sexism
  • Alabama High School Teacher and Coach Facing Divorce After Being Charged With 30-Plus Child Sex Crimes
  • Florida man’s execution date set for killing 2, including small child
  • Senate GOP launches all-night vote-a-rama to fund ICE, Border Patrol through end of Trump’s term
  • Michigan’s Warde Manuel admits feeling ‘betrayed’ amid Sherrone Moore’s ‘inappropriate relationship’ fallout
  • Sneaky bear snatches bag of Doritos left outside CT home, video shows
  • Spirit Airlines nears deal to be rescued after Trump urges someone to buy bankrupt carrier
  • Privacy
  • Terms
  • Advertise
  • Contact
Pure Info NewsPure Info News
Newsletter
  • US
  • World
    • Canada
    • Europe
    • Asia
    • Africa
    • Australia
    • South America
  • Politics
  • Business
    • Finance
    • Investing
    • Markets
    • Economy
    • Small Business
    • Crypto
  • Money
  • Lifestyle
  • Sports
  • Videos
  • Topics
    • Entertainment
    • Health
    • Tech
    • Travel
  • More Articles
 Markets Login
Pure Info NewsPure Info News
Home » Major airline axes 20,000 ‘unprofitable’ flights as jet fuel costs soar
Business

Major airline axes 20,000 ‘unprofitable’ flights as jet fuel costs soar

News RoomNews RoomApril 23, 2026No Comments
Facebook Twitter WhatsApp Telegram Pinterest Email
Major airline axes 20,000 ‘unprofitable’ flights as jet fuel costs soar

Lufthansa is cutting roughly 20,000 short-haul flights this summer, citing a spike in jet fuel prices that has rendered many routes “unprofitable” as the global aviation industry grapples with rising costs.

The German carrier said Tuesday the cuts, which will run through October, are expected to save about 40,000 metric tons of jet fuel. The airline noted that fuel prices have roughly doubled since the outbreak of the Iran war.

“In total, 20,000 short-haul flights will be removed from the schedule through October, equivalent to approximately 40,000 metric tons of jet fuel, the price of which has doubled since the outbreak of the Iran conflict,” the company said in a statement. “The schedule adjustments reduce the number of unprofitable short-haul flights across the Lufthansa Group network.”

TRUMP SAYS HE WANTS ‘SOMEBODY’ TO BUY SPIRIT AIRLINES, OPPOSES UNITED-AMERICAN MERGER

The move reflects a broader trend, as airlines worldwide adjust operations in response to surging fuel costs. 

The energy market has seen increased volatility since the Iran war began and the flow of oil through the Strait of Hormuz has been severely constrained by the threat of Iranian attacks, impacting the availability of a key input in making jet fuel.

Other carriers are taking similar steps. Air Canada announced Friday it is suspending select U.S.-bound routes as jet fuel prices continue to climb. 

AIR CANADA SCRAPS KEY US ROUTES AS FUEL COSTS SURGE AMID IRAN WAR

US Airport Lines

Delta Air Lines has also trimmed some summer routes, telling USA TODAY the adjustments are part of “normal planning.”

At the same time, several major airlines – including JetBlue, United, Delta and Southwest – have raised baggage fees in recent weeks.

“We’re seeing airfare increase across the board, from the full-service airlines to the budget carriers, from domestic flights to long-haul international,” Sean Cudahy, senior aviation reporter at The Points Guy, told FOX Business. “And it’s not just fares – almost every major U.S. carrier has hiked checked bag fees, too. This is really just a classic case of companies passing on costs to their customers, and it’s a big cost at that.”

SOARING JET FUEL PRICES THREATEN TO DRIVE UP SUMMER TRAVEL COSTS

map of strait of hormuz

Jet fuel is typically airlines’ second-largest expense, according to Cudahy.

“Even if the Strait of Hormuz reopened tomorrow, you’d likely see lingering high fares for months to come. And those checked bag fees that just rose? Those almost never come back down once they go up,” he added.

FOX Business reached out to Lufthansa and Delta Air Lines for comment.

FOX Business’ Eric Revell and Bonny Chu contributed to this report.

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram WhatsApp Email

Related News

Cantaloupes recalled nationwide over salmonella fears — what shoppers need to know

Cantaloupes recalled nationwide over salmonella fears — what shoppers need to know

Seattle could lose hundreds of millions in tax revenue as Starbucks expands in Tennessee

Seattle could lose hundreds of millions in tax revenue as Starbucks expands in Tennessee

LARRY KUDLOW: Will economic starvation bring Iran to their unconditional knees?

LARRY KUDLOW: Will economic starvation bring Iran to their unconditional knees?

Generac recalls portable generators sold at Costco over fire risk

Generac recalls portable generators sold at Costco over fire risk

Bessent torches Democrat’s ‘sanctions relief’ claims, calls B Iran/Russia charge a DNC talking point

Bessent torches Democrat’s ‘sanctions relief’ claims, calls $14B Iran/Russia charge a DNC talking point

Housing crisis hits all ages as homeownership declines nationwide

Housing crisis hits all ages as homeownership declines nationwide

Kevin O’Leary reveals the only two cryptocurrencies he says are worth owning

Kevin O’Leary reveals the only two cryptocurrencies he says are worth owning

Best Buy CEO Corie Barry to step down

Best Buy CEO Corie Barry to step down

Actively managed ETFs surpass  trillion in US assets under management

Actively managed ETFs surpass $1 trillion in US assets under management

Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Former leader Jade Ingham personally responsible for violence and sexism

Former leader Jade Ingham personally responsible for violence and sexism

April 23, 2026
Alabama High School Teacher and Coach Facing Divorce After Being Charged With 30-Plus Child Sex Crimes

Alabama High School Teacher and Coach Facing Divorce After Being Charged With 30-Plus Child Sex Crimes

April 23, 2026
Florida man’s execution date set for killing 2, including small child

Florida man’s execution date set for killing 2, including small child

April 23, 2026
Senate GOP launches all-night vote-a-rama to fund ICE, Border Patrol through end of Trump’s term

Senate GOP launches all-night vote-a-rama to fund ICE, Border Patrol through end of Trump’s term

April 23, 2026
Michigan’s Warde Manuel admits feeling ‘betrayed’ amid Sherrone Moore’s ‘inappropriate relationship’ fallout

Michigan’s Warde Manuel admits feeling ‘betrayed’ amid Sherrone Moore’s ‘inappropriate relationship’ fallout

April 23, 2026

Latest News

Sneaky bear snatches bag of Doritos left outside CT home, video shows

Sneaky bear snatches bag of Doritos left outside CT home, video shows

April 23, 2026
Spirit Airlines nears deal to be rescued after Trump urges someone to buy bankrupt carrier

Spirit Airlines nears deal to be rescued after Trump urges someone to buy bankrupt carrier

April 23, 2026
Inclusive playground the latest target of vandalism in Kelowna

Inclusive playground the latest target of vandalism in Kelowna

April 23, 2026

Subscribe to News

Get the latest US news and updates directly to your inbox.

Advertisement
Demo
Facebook X (Twitter) Pinterest TikTok Instagram
2026 © Prices.com LLC. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Press Release
  • For Advertisers
  • Contact

Type above and press Enter to search. Press Esc to cancel.

Sign In or Register

Welcome Back!

Login to your account below.

Lost password?