"Travel alert: airlines are cutting thousands of flights right now. Book early. This advice would win the approval of Ryanair boss Michael O'Leary, who expressed concern that fears of fuel shortages were making people put off booking flights."
"If jet fuel prices remain at this level, there will have to be a little bit more trimming for low-cost airlines. Unfortunately, it's very likely that many people's holidays will be affected, either by flight cancellations or very, very expensive tickets."
High jet fuel prices, driven by the Middle East conflict and the closure of the Strait of Hormuz, are forcing low-cost airlines like Ryanair and Transavia to cut flights. These airlines, which hold over a third of the global market, struggle to absorb rising fuel costs due to their low-ticket pricing model. Financial analysts indicate that if fuel prices remain high, further cancellations and adjustments will be necessary, impacting travelers during the peak summer season with potential flight cancellations and increased ticket prices.
Read at The Local Germany
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