Jet-Fuel Shock Forces Airlines to Rethink Routes and Costs
As Iran’s war disrupts global oil flows, jet-fuel prices surge and airlines yank routes or raise fees: Air Canada will suspend all Toronto/Montreal–JFK flights this summer due to fuel costs; Lufthansa and KLM announce significant capacity cuts; JetBlue and United raise baggage fees to offset costs; Spirit Airlines faces potential liquidation under mounting fuel-price pressure, signaling broader stress for the industry amid the Hormuz closure and a growing oil disruption.