INDIGO
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India's IndiGo hits 3-month high as oil plunges
** Budget carrier IndiGo INGL.NS shares rise 4.3% to 4,911.9 rupees, at highest level since Feb 26
** Among top gainers on Nifty 50 Index .NSEI, which is up 1.4%
** Oil prices fall after U.S. and Iran agree on a framework to end their war; Brent crude futures down 4% at $83.75 a barrel
** Jet fuel typically represents largest expense for airlines, sometimes making up as much as 40% of their operating costs
** INGL trades at forward 12-month PE of 35.9 vs industry median of 19.1
** 20 of 24 brokerages rate INGL "buy" or higher; median PT is 5,277.5 rupees - data compiled by LSEG
** YTD, stock down 2.9% vs 8.3% fall in Nifty 50
(Reporting by Abhinav Parmar in Bengaluru)
(([email protected];))
** Budget carrier IndiGo INGL.NS shares rise 4.3% to 4,911.9 rupees, at highest level since Feb 26
** Among top gainers on Nifty 50 Index .NSEI, which is up 1.4%
** Oil prices fall after U.S. and Iran agree on a framework to end their war; Brent crude futures down 4% at $83.75 a barrel
** Jet fuel typically represents largest expense for airlines, sometimes making up as much as 40% of their operating costs
** INGL trades at forward 12-month PE of 35.9 vs industry median of 19.1
** 20 of 24 brokerages rate INGL "buy" or higher; median PT is 5,277.5 rupees - data compiled by LSEG
** YTD, stock down 2.9% vs 8.3% fall in Nifty 50
(Reporting by Abhinav Parmar in Bengaluru)
(([email protected];))
India's IndiGo rises as oil falls on easing Mideast tensions
** Shares of InterGlobe Aviation INGL.NS, parent of Indian airline IndiGo, jump 3.75% to 4,671.50 rupees,
** Oil prices fell on Friday, extending losses from the previous session after President Donald Trump canceled plans to strike Iran, reducing fears of an escalation of hostilities following tit-for-tat attacks earlier in the week
** Brent futures shed 1.3% to $89.17 a barrel at 0042 GMT
** India last week approved a 100 billion-rupee ($1.05 billion) fuel stabilisation fund to help keep jet fuel prices in check for airlines
** Jet fuel is among the biggest costs for airlines and can account for up to 40% of operating expenses
** Twenty-three analysts rate the stock "buy" on avg; median PT 5,277.50 rupees - data compiled by LSEG
** YTD, INGL down 7.7%
($1 = 95.2600 Indian rupees)
(Reporting by Urvi Dugar in Bengaluru)
(([email protected];))
** Shares of InterGlobe Aviation INGL.NS, parent of Indian airline IndiGo, jump 3.75% to 4,671.50 rupees,
** Oil prices fell on Friday, extending losses from the previous session after President Donald Trump canceled plans to strike Iran, reducing fears of an escalation of hostilities following tit-for-tat attacks earlier in the week
** Brent futures shed 1.3% to $89.17 a barrel at 0042 GMT
** India last week approved a 100 billion-rupee ($1.05 billion) fuel stabilisation fund to help keep jet fuel prices in check for airlines
** Jet fuel is among the biggest costs for airlines and can account for up to 40% of operating expenses
** Twenty-three analysts rate the stock "buy" on avg; median PT 5,277.50 rupees - data compiled by LSEG
** YTD, INGL down 7.7%
($1 = 95.2600 Indian rupees)
(Reporting by Urvi Dugar in Bengaluru)
(([email protected];))
India raises jet fuel price for local airlines as stabilisation scheme kicks in, sources say
NEW DELHI, June 9 (Reuters) - India has launched a previously announced jet fuel price-stabilisation scheme for local airlines, with aviation turbine fuel to be sold to carriers at a fixed price of 115 rupees ($1.21) per litre, 10% higher than previous prices, three industry sources said. Here are some details about the scheme:
If airlines join the scheme they will have to pay the fixed price of 115 rupees/litre for up to three years, even if global prices decline, as the extra payment will be used to replenish the fund.
Airlines that do not opt in to the scheme will continue to pay market-linked prices, which may be higher or lower than the fixed price.
Indian airlines have so far not joined, two of the sources said.
Earlier this month, India approved the 100 billion rupee fund for the scheme, amid rising costs linked to the Iran war.
The support will be provided in the form of interest-free advances to oil marketing companies to cover under-recoveries - the gap between market-linked jet fuel prices and the moderated rates charged to airlines.
Jet fuel prices account for up to 40% of airlines' operating costs.
($1 = 95.3500 Indian rupees)
(Reporting by Nidhi Verma and Abhijith Ganapavaram; Editing by Hugh Lawson)
((Email: [email protected]; Mobile: +91-9019785574;))
NEW DELHI, June 9 (Reuters) - India has launched a previously announced jet fuel price-stabilisation scheme for local airlines, with aviation turbine fuel to be sold to carriers at a fixed price of 115 rupees ($1.21) per litre, 10% higher than previous prices, three industry sources said. Here are some details about the scheme:
If airlines join the scheme they will have to pay the fixed price of 115 rupees/litre for up to three years, even if global prices decline, as the extra payment will be used to replenish the fund.
Airlines that do not opt in to the scheme will continue to pay market-linked prices, which may be higher or lower than the fixed price.
Indian airlines have so far not joined, two of the sources said.
Earlier this month, India approved the 100 billion rupee fund for the scheme, amid rising costs linked to the Iran war.
The support will be provided in the form of interest-free advances to oil marketing companies to cover under-recoveries - the gap between market-linked jet fuel prices and the moderated rates charged to airlines.
Jet fuel prices account for up to 40% of airlines' operating costs.
($1 = 95.3500 Indian rupees)
(Reporting by Nidhi Verma and Abhijith Ganapavaram; Editing by Hugh Lawson)
((Email: [email protected]; Mobile: +91-9019785574;))
India's IndiGo falls; Airbus delays jet deliveries to airline, report says
** Shares of IndiGo INGL.NS fall 1.7% to 4,403.9 rupees
** Bloomberg News reports budget carrier IndiGo unlikely to receive full batch of nine Airbus AIR.PA A321XLR units this year
** Report says time frame on some units pushed back by several months as Middle East war hits the planemaker's supply chain
** IndiGo did not immediately respond to a Reuters request for comment
** INGL trades at forward 12-month PE of 32.96 vs industry median of 19.34 - LSEG data
** Twenty of 24 brokerages rate the stock "buy" or higher; their median PT is 5,210 rupees
** YTD, INGL down 11.4% vs 10.6% fall in Nifty 50 Index .NSEI
(Reporting by Abhinav Parmar)
(([email protected];))
** Shares of IndiGo INGL.NS fall 1.7% to 4,403.9 rupees
** Bloomberg News reports budget carrier IndiGo unlikely to receive full batch of nine Airbus AIR.PA A321XLR units this year
** Report says time frame on some units pushed back by several months as Middle East war hits the planemaker's supply chain
** IndiGo did not immediately respond to a Reuters request for comment
** INGL trades at forward 12-month PE of 32.96 vs industry median of 19.34 - LSEG data
** Twenty of 24 brokerages rate the stock "buy" or higher; their median PT is 5,210 rupees
** YTD, INGL down 11.4% vs 10.6% fall in Nifty 50 Index .NSEI
(Reporting by Abhinav Parmar)
(([email protected];))
Airbus Delays XLR Deliveries To Indigo As War Hits Supply Chain - Bloomberg News
June 5 (Reuters) -
AIRBUS DELAYS XLR DELIVERIES TO INDIGO AS WAR HITS SUPPLY CHAIN - BLOOMBERG NEWS
INDIGO UNLIKELY TO RECEIVE THE FULL BATCH OF NINE A321XLR AIRBUS UNITS THIS YEAR - BLOOMBERG NEWS
Source text: https://tinyurl.com/mr56cpw9
Further company coverage: AIR.PA
(([email protected];))
June 5 (Reuters) -
AIRBUS DELAYS XLR DELIVERIES TO INDIGO AS WAR HITS SUPPLY CHAIN - BLOOMBERG NEWS
INDIGO UNLIKELY TO RECEIVE THE FULL BATCH OF NINE A321XLR AIRBUS UNITS THIS YEAR - BLOOMBERG NEWS
Source text: https://tinyurl.com/mr56cpw9
Further company coverage: AIR.PA
(([email protected];))
Global airline chiefs to confront Iran war fuel shock at industry summit
Iran war raises fuel and routing costs
Airlines test fare hikes as demand holds
Gulf hubs face network resilience test
Sustainable aviation fuel shortages cloud airline climate goals
By Rajesh Kumar Singh
RIO DE JANEIRO, June 4 (Reuters) - Global airline bosses gathering in Rio de Janeiro this weekend will be searching for answers to the industry's biggest crisis since the pandemic, with the Iran war driving up jet fuel costs, forcing flight detours and testing carriers' ability to raise fares.
The June 6-8 annual meeting of the International Air Transport Association (IATA) is the industry's biggest summit, bringing together hundreds of top executives from airlines, manufacturers, suppliers and financiers.
IATA represents more than 370 airlines accounting for some 85% of global air traffic, giving it a central role in a sector where profits were expected to reach a record $41 billion this year before the Iran war began.
Industry executives and analysts expect a downgrade to that forecast at the meeting, where discussions are expected to center on surging fuel prices and supply fears, disruptions to Middle Eastern airspace, deepening aircraft delivery delays and whether airlines are falling further behind on climate goals.
Airlines around the world have already been responding by raising fares, cutting unprofitable routes and conserving cash until pressures ease, raising more questions about whether they can meet IATA's goal of net-zero emissions by 2050 given the high cost and limited supply of sustainable aviation fuel.
Moody's Ratings last week cut its global airline sector outlook to negative from stable, saying fuel costs tied to the Iran war and disruption around the Strait of Hormuz would "materially reduce" operating profit this year. It said profits could fall by more than 35% in 2026 before recovering next year.
IATA data showed global passenger traffic contracted in April for the first time since the post-pandemic recovery, led by a sharp drop at Middle Eastern carriers.
Air India's outgoing CEO Campbell Wilson said higher fuel prices and airspace closures were making some routes harder to justify.
"When you take on all those competitive dynamics, the added cost of this extra flying, the added cost to fuel, it just makes some routes uneconomic," he said.
MIXED PICTURE FOR AIRLINES
Airlines with stronger demand and greater premium traffic have more room to raise fares, but the ability to recover fuel costs is uneven across markets and business models.
Southwest Airlines LUV.N CEO Bob Jordan, whose carrier joined IATA last year, said U.S. carriers had raised fares on seven occasions since February without seeing demand weaken. But he said fares were still "not close" to covering current fuel costs.
Gulf carriers face a particular test. Emirates and Qatar Airways rely heavily on hubs in Dubai and Doha, while Etihad Airways is expanding again from Abu Dhabi after scaling back earlier global ambitions.
The Iran war has not broken the Gulf hub model, but detours have exposed its reliance on accessible airspace and stable routes, lengthening flight times and increasing fuel burn.
The disruption is also creating openings on some long-haul flows for airlines offering non-stop flights between Asia and Europe, including Lufthansa Group LHAG.DE, Air France-KLM AIRF.PA, Singapore Airlines SIAL.SI and Cathay Pacific 0293.HK.
For European carriers, the picture is mixed. Some may benefit from Gulf airline troubles on long-haul routes, avoiding the most disrupted airspace, but higher fuel costs are compounding pressure from closed Russian airspace, air traffic control disruption and sustainable aviation fuel mandates.
In Asia, Air India faces higher fuel costs and longer routings, while IndiGo remains exposed to aircraft shortages and Pratt & Whitney RTX.N engine issues. Currency weakness is amplifying fuel costs for Japanese carriers, while Air New Zealand AIR.NZ has warned of a sharp earnings hit.
In Latin America, the fuel shock is colliding with currency swings and consumers with limited room to absorb fare increases, even as limited competition gives some carriers more room to pass on costs. LATAM LTM.SN has cut its earnings forecast due to fuel costs, while Brazil's Azul AZUL3.SA remains exposed to fuel prices and currency volatility.
AIRCRAFT AND ENGINE SHORTAGES
Delayed Boeing BA.N and Airbus AIR.PA deliveries, meanwhile, are forcing airlines to keep older, less fuel-efficient jets in service, adding to margin pressure.
United Airlines UAL.O CEO Scott Kirby said engines and components had become the key constraint, estimating that 800 to 900 aircraft worldwide were grounded due to engine issues.
"There are not enough engines and they're not going to be for many, many years," Kirby said at a Bernstein conference last week.
The fuel shock is also driving talk of sector consolidation, as airlines with thinner margins and less pricing power struggle to absorb higher costs, underscored by the collapse last month of U.S. no-frills pioneer Spirit Airlines.
U.S. firm Castlelake, an aircraft lessor and investor in Scandinavia's SAS, has said it is considering a possible offer for British budget carrier easyJet EZJ.L, while United's recent informal merger approach to American Airlines AAL.O has put U.S. dealmaking back in focus, even after American rejected the idea and Washington signaled resistance.
(Reporting by Rajesh Kumar Singh; Additional reporting by Tim Hepher in Paris and Doyinsola Oladipo in New York; Editing by Joe Brock and Jamie Freed)
(([email protected]; +1-313-484-5370; Reuters Messaging: [email protected]/))
Iran war raises fuel and routing costs
Airlines test fare hikes as demand holds
Gulf hubs face network resilience test
Sustainable aviation fuel shortages cloud airline climate goals
By Rajesh Kumar Singh
RIO DE JANEIRO, June 4 (Reuters) - Global airline bosses gathering in Rio de Janeiro this weekend will be searching for answers to the industry's biggest crisis since the pandemic, with the Iran war driving up jet fuel costs, forcing flight detours and testing carriers' ability to raise fares.
The June 6-8 annual meeting of the International Air Transport Association (IATA) is the industry's biggest summit, bringing together hundreds of top executives from airlines, manufacturers, suppliers and financiers.
IATA represents more than 370 airlines accounting for some 85% of global air traffic, giving it a central role in a sector where profits were expected to reach a record $41 billion this year before the Iran war began.
Industry executives and analysts expect a downgrade to that forecast at the meeting, where discussions are expected to center on surging fuel prices and supply fears, disruptions to Middle Eastern airspace, deepening aircraft delivery delays and whether airlines are falling further behind on climate goals.
Airlines around the world have already been responding by raising fares, cutting unprofitable routes and conserving cash until pressures ease, raising more questions about whether they can meet IATA's goal of net-zero emissions by 2050 given the high cost and limited supply of sustainable aviation fuel.
Moody's Ratings last week cut its global airline sector outlook to negative from stable, saying fuel costs tied to the Iran war and disruption around the Strait of Hormuz would "materially reduce" operating profit this year. It said profits could fall by more than 35% in 2026 before recovering next year.
IATA data showed global passenger traffic contracted in April for the first time since the post-pandemic recovery, led by a sharp drop at Middle Eastern carriers.
Air India's outgoing CEO Campbell Wilson said higher fuel prices and airspace closures were making some routes harder to justify.
"When you take on all those competitive dynamics, the added cost of this extra flying, the added cost to fuel, it just makes some routes uneconomic," he said.
MIXED PICTURE FOR AIRLINES
Airlines with stronger demand and greater premium traffic have more room to raise fares, but the ability to recover fuel costs is uneven across markets and business models.
Southwest Airlines LUV.N CEO Bob Jordan, whose carrier joined IATA last year, said U.S. carriers had raised fares on seven occasions since February without seeing demand weaken. But he said fares were still "not close" to covering current fuel costs.
Gulf carriers face a particular test. Emirates and Qatar Airways rely heavily on hubs in Dubai and Doha, while Etihad Airways is expanding again from Abu Dhabi after scaling back earlier global ambitions.
The Iran war has not broken the Gulf hub model, but detours have exposed its reliance on accessible airspace and stable routes, lengthening flight times and increasing fuel burn.
The disruption is also creating openings on some long-haul flows for airlines offering non-stop flights between Asia and Europe, including Lufthansa Group LHAG.DE, Air France-KLM AIRF.PA, Singapore Airlines SIAL.SI and Cathay Pacific 0293.HK.
For European carriers, the picture is mixed. Some may benefit from Gulf airline troubles on long-haul routes, avoiding the most disrupted airspace, but higher fuel costs are compounding pressure from closed Russian airspace, air traffic control disruption and sustainable aviation fuel mandates.
In Asia, Air India faces higher fuel costs and longer routings, while IndiGo remains exposed to aircraft shortages and Pratt & Whitney RTX.N engine issues. Currency weakness is amplifying fuel costs for Japanese carriers, while Air New Zealand AIR.NZ has warned of a sharp earnings hit.
In Latin America, the fuel shock is colliding with currency swings and consumers with limited room to absorb fare increases, even as limited competition gives some carriers more room to pass on costs. LATAM LTM.SN has cut its earnings forecast due to fuel costs, while Brazil's Azul AZUL3.SA remains exposed to fuel prices and currency volatility.
AIRCRAFT AND ENGINE SHORTAGES
Delayed Boeing BA.N and Airbus AIR.PA deliveries, meanwhile, are forcing airlines to keep older, less fuel-efficient jets in service, adding to margin pressure.
United Airlines UAL.O CEO Scott Kirby said engines and components had become the key constraint, estimating that 800 to 900 aircraft worldwide were grounded due to engine issues.
"There are not enough engines and they're not going to be for many, many years," Kirby said at a Bernstein conference last week.
The fuel shock is also driving talk of sector consolidation, as airlines with thinner margins and less pricing power struggle to absorb higher costs, underscored by the collapse last month of U.S. no-frills pioneer Spirit Airlines.
U.S. firm Castlelake, an aircraft lessor and investor in Scandinavia's SAS, has said it is considering a possible offer for British budget carrier easyJet EZJ.L, while United's recent informal merger approach to American Airlines AAL.O has put U.S. dealmaking back in focus, even after American rejected the idea and Washington signaled resistance.
(Reporting by Rajesh Kumar Singh; Additional reporting by Tim Hepher in Paris and Doyinsola Oladipo in New York; Editing by Joe Brock and Jamie Freed)
(([email protected]; +1-313-484-5370; Reuters Messaging: [email protected]/))
India's InterGlobe Aviation, Spicejet turn positive after govt approves $1 bln aviation fuel fund
** Shares of InterGlobe Aviation INGL.NS, operator of India's IndiGo airline turn positive, hitting a day's high of about 2.13% at 4516.20 rupees
** Stock reverses course after India cabinet approves 100 billion rupees ($1.05 billion) for an aviation fuel price stabilisation fund
** Shares of budget carrier SpiceJet SPJT.BO also turned positive, jumping 4.9% to 12.79 rupees after the news
** Aviation turbine fuel is among the largest operating costs for airlines
** Last month, Indigo said it was considering fuel hedging after rising crude prices squeezed margins and pushed it to a quarterly loss
** YTD INGL down 10.10% while SPJT fell 59.21%
(Reporting by Surbhi Misra in Bengaluru)
(([email protected] | X: https://twitter.com/SurbhiMisra_ |;))
** Shares of InterGlobe Aviation INGL.NS, operator of India's IndiGo airline turn positive, hitting a day's high of about 2.13% at 4516.20 rupees
** Stock reverses course after India cabinet approves 100 billion rupees ($1.05 billion) for an aviation fuel price stabilisation fund
** Shares of budget carrier SpiceJet SPJT.BO also turned positive, jumping 4.9% to 12.79 rupees after the news
** Aviation turbine fuel is among the largest operating costs for airlines
** Last month, Indigo said it was considering fuel hedging after rising crude prices squeezed margins and pushed it to a quarterly loss
** YTD INGL down 10.10% while SPJT fell 59.21%
(Reporting by Surbhi Misra in Bengaluru)
(([email protected] | X: https://twitter.com/SurbhiMisra_ |;))
Indigo Says Co To Temporarily Discontinue Manchester Flights Starting 31 August 2026
June 2 (Reuters) - Interglobe Aviation Ltd INGL.NS:
INDIGO - INDIGO TO TEMPORARILY DISCONTINUE MANCHESTER FLIGHTS STARTING 31 AUGUST 2026
INDIGO - CO PLANS TO RETURN ONE OF THE SIX BOEING 787-9 DREAMLINER AIRCRAŌ, TAKEN ON DAMP / WET LEASE, TO NORSE ATLANTIC AIRWAYS
Source text: ID:nBSE66Ngyq
Further company coverage: INGL.NS
(([email protected];))
June 2 (Reuters) - Interglobe Aviation Ltd INGL.NS:
INDIGO - INDIGO TO TEMPORARILY DISCONTINUE MANCHESTER FLIGHTS STARTING 31 AUGUST 2026
INDIGO - CO PLANS TO RETURN ONE OF THE SIX BOEING 787-9 DREAMLINER AIRCRAŌ, TAKEN ON DAMP / WET LEASE, TO NORSE ATLANTIC AIRWAYS
Source text: ID:nBSE66Ngyq
Further company coverage: INGL.NS
(([email protected];))
PREVIEW-India's InterGlobe Aviation down ahead of results as street sees profit drop
** Airline operator InterGlobe Aviation INGL.NS shares fall 2.3% to 4,465.1 rupees ahead of Q4 results
** Street expects the airline to post a 3.6% rise in quarterly revenue with net income dropping 46.8% from a year earlier, according to data compiled by LSEG
** ICICI Securities says Middle East crisis now seems to be elongating with continuing geopolitical turbulence; sees near-term pressure on earnings
** "While better industry structure and resilient demand may help sustain price hikes, profits could remain under pressure given IndiGo's large mix of routes," - ICICI
** The carrier along with domestic rival Air India cancels around 7%-10% and 22% of planned international and domestic flights respectively, for June-July, sources told Reuters
** Nineteen of 24 brokerages rate the stock "buy" or higher; their median PT is 5,350 rupees
** YTD, stock down 11.3% vs 8.5% decline in Nifty 50 Index .NSEI
(Reporting by Abhinav Parmar in Bengaluru)
(([email protected];))
** Airline operator InterGlobe Aviation INGL.NS shares fall 2.3% to 4,465.1 rupees ahead of Q4 results
** Street expects the airline to post a 3.6% rise in quarterly revenue with net income dropping 46.8% from a year earlier, according to data compiled by LSEG
** ICICI Securities says Middle East crisis now seems to be elongating with continuing geopolitical turbulence; sees near-term pressure on earnings
** "While better industry structure and resilient demand may help sustain price hikes, profits could remain under pressure given IndiGo's large mix of routes," - ICICI
** The carrier along with domestic rival Air India cancels around 7%-10% and 22% of planned international and domestic flights respectively, for June-July, sources told Reuters
** Nineteen of 24 brokerages rate the stock "buy" or higher; their median PT is 5,350 rupees
** YTD, stock down 11.3% vs 8.5% decline in Nifty 50 Index .NSEI
(Reporting by Abhinav Parmar in Bengaluru)
(([email protected];))
IndiGo, Air India cut June-July domestic flights amid high jet fuel prices, sources say
Rewrites throughout with IndiGo cuts and background
IndiGo cuts around 7%-10%, Air India 22% of June-July planned domestic flights, sources say
Air India cites high jet fuel prices for temporary domestic route reductions
Reductions highlight Indian aviation's vulnerability to external shocks despite market growth
By Abhijith Ganapavaram and Aditya Kalra
May 27 (Reuters) - IndiGo INGL.NS and Air India, India's two largest airlines, have sharply cut their planned domestic flights for June and July, sources familiar with the matter said, as the industry grapples with a rise in jet fuel costs in the wake of the Iran war.
IndiGo has cut around 7%-10% of its planned domestic flights for the period, while Air India has cut 22%, the sources said, marking a significant pullback by the two carriers that together control around 90% of India's domestic air passenger market.
The sources declined to be named as they were not authorised to share the information.
The cuts could tighten seat availability on some domestic routes and keep fares elevated during the busy summer travel period, even as airlines try to avoid flying loss-making services.
The Iran war-driven surge in jet fuel prices has blindsided the aviation industry. Fuel can account for up to 40% of airlines' operating expenses, forcing them to raise fares and cut unprofitable flights.
Air India said in a statement that it had "temporarily rationalised operations on certain domestic routes" between June and August.
"These adjustments are driven by the sustained impact of high fuel prices on overall operations. Air India will continue to monitor demand and operating conditions closely, with a view to restoring frequencies as conditions stabilise," a spokesperson for the airline added.
Passengers affected by the changes would be offered places on alternative flights, complimentary date changes or full refunds, the spokesperson added.
IndiGo did not immediately respond to an emailed request for comment. The airline operates over 2,200 daily flights, including international.
Air India's cuts follow reductions to its international routes, which have created room for foreign airlines to add more flights to and from India. IndiGo had cut some long-haul flights prior to the war, citing operational constraints and airport congestion.
The reductions also underscore the vulnerability of India's fast-growing aviation market to external shocks, even as carriers are set to receive new jets in the coming years.
Air India recently logged a record annual loss of more than $2 billion, also battered by Pakistan's ban on Indian carriers from its airspace and a strong U.S. dollar. The airline is owned by the Tata Group and Singapore Airlines SIAL.SI.
(Reporting by Ananya Palyekar in Bengaluru, Abhijith Ganapavaram and Aditya Kalra in New Delhi; Editing by Sherry Jacob-Phillips, Edwina Gibbs and Keith Weir)
(([email protected];))
Rewrites throughout with IndiGo cuts and background
IndiGo cuts around 7%-10%, Air India 22% of June-July planned domestic flights, sources say
Air India cites high jet fuel prices for temporary domestic route reductions
Reductions highlight Indian aviation's vulnerability to external shocks despite market growth
By Abhijith Ganapavaram and Aditya Kalra
May 27 (Reuters) - IndiGo INGL.NS and Air India, India's two largest airlines, have sharply cut their planned domestic flights for June and July, sources familiar with the matter said, as the industry grapples with a rise in jet fuel costs in the wake of the Iran war.
IndiGo has cut around 7%-10% of its planned domestic flights for the period, while Air India has cut 22%, the sources said, marking a significant pullback by the two carriers that together control around 90% of India's domestic air passenger market.
The sources declined to be named as they were not authorised to share the information.
The cuts could tighten seat availability on some domestic routes and keep fares elevated during the busy summer travel period, even as airlines try to avoid flying loss-making services.
The Iran war-driven surge in jet fuel prices has blindsided the aviation industry. Fuel can account for up to 40% of airlines' operating expenses, forcing them to raise fares and cut unprofitable flights.
Air India said in a statement that it had "temporarily rationalised operations on certain domestic routes" between June and August.
"These adjustments are driven by the sustained impact of high fuel prices on overall operations. Air India will continue to monitor demand and operating conditions closely, with a view to restoring frequencies as conditions stabilise," a spokesperson for the airline added.
Passengers affected by the changes would be offered places on alternative flights, complimentary date changes or full refunds, the spokesperson added.
IndiGo did not immediately respond to an emailed request for comment. The airline operates over 2,200 daily flights, including international.
Air India's cuts follow reductions to its international routes, which have created room for foreign airlines to add more flights to and from India. IndiGo had cut some long-haul flights prior to the war, citing operational constraints and airport congestion.
The reductions also underscore the vulnerability of India's fast-growing aviation market to external shocks, even as carriers are set to receive new jets in the coming years.
Air India recently logged a record annual loss of more than $2 billion, also battered by Pakistan's ban on Indian carriers from its airspace and a strong U.S. dollar. The airline is owned by the Tata Group and Singapore Airlines SIAL.SI.
(Reporting by Ananya Palyekar in Bengaluru, Abhijith Ganapavaram and Aditya Kalra in New Delhi; Editing by Sherry Jacob-Phillips, Edwina Gibbs and Keith Weir)
(([email protected];))
Smoke Noticed In Indigo Flight 6E 6017 From Bengaluru To Chennai When Taxing Out To Runway For Departure, Says Spokesperson
May 26 (Reuters) - Interglobe Aviation Ltd INGL.NS:
SMOKE NOTICED IN INDIGO FLIGHT 6E 6017 FROM BENGALURU TO CHENNAI WHEN TAXING OUT TO RUNWAY FOR DEPARTURE - SPOKESPERSON
IMMEDIATE EVACUATION CARRIED OUT IN INDIGO FLIGHT 6E 6017, ALL CUSTOMERS, CREW ARE SAFE - CO SPOKESPERSON
Source text: [ID:]
Further company coverage: INGL.NS
(([email protected];))
May 26 (Reuters) - Interglobe Aviation Ltd INGL.NS:
SMOKE NOTICED IN INDIGO FLIGHT 6E 6017 FROM BENGALURU TO CHENNAI WHEN TAXING OUT TO RUNWAY FOR DEPARTURE - SPOKESPERSON
IMMEDIATE EVACUATION CARRIED OUT IN INDIGO FLIGHT 6E 6017, ALL CUSTOMERS, CREW ARE SAFE - CO SPOKESPERSON
Source text: [ID:]
Further company coverage: INGL.NS
(([email protected];))
India’s Airlines Asked State-Run Oil Refiners To Hold Off On Hiking Jet Fuel Prices For Domestic Flights - Bloomberg News
May 19 (Reuters) -
INDIA’S AIRLINES HAVE ASKED STATE-RUN OIL REFINERS TO HOLD OFF ON HIKING JET FUEL PRICES FOR DOMESTIC FLIGHTS - BLOOMBERG NEWS
Source text: https://tinyurl.com/rdayn6bh
Further company coverage: INGL.NS
(([email protected];))
May 19 (Reuters) -
INDIA’S AIRLINES HAVE ASKED STATE-RUN OIL REFINERS TO HOLD OFF ON HIKING JET FUEL PRICES FOR DOMESTIC FLIGHTS - BLOOMBERG NEWS
Source text: https://tinyurl.com/rdayn6bh
Further company coverage: INGL.NS
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FACTBOX-Airlines tackle fuel cost surge with price hikes, outlook cuts
Updates AirAsia X, Air New Zealand, Cebu Air, Chinese airlines; adds Ryanair.
May 15 (Reuters) - A surge in jet fuel prices from $85-$90 to $150-$200 per barrel amid the U.S.-Israeli war against Iran has blindsided the aviation industry, where fuel accounts for up to a quarter of operating expenses, forcing airlines to raise fares and revise financial outlooks.
Below is a list of how airlines are responding, in alphabetical order:
AEGEAN AIRLINES AGNr.AT
The Greek airline expects suspended Middle East flights and a spike in fuel prices to have a "notable impact" on its first-quarter results.
AIRASIA X AIRX.KL
The Malaysian carrier said it would suspend services on routes between Melbourne and Denpasar and Adelaide and Denpasar from June 18 due to increased fuel prices.
Executives previously said the airline had cut 10% of flights and introduced a surcharge of about 20% on fuel.
AIR CANADA AC.TO
Canada's largest carrier has suspended its full-year guidance due to fuel price volatility.
It had previously announced plans to trim four of its 38 daily flights to New York due to higher fuel prices.
AIR CHINA 601111.SS, CHINA SOUTHERN AIRLINES 600029.SS, REGIONAL CHINESE CARRIERS
Chinese airlines will raise fuel surcharges for domestic flights from May 16, with surcharges for domestic flights of 800 km (500 miles) or less to rise by 30 to 90 yuan ($4 to $13). For longer domestic routes, surcharges will increase by 50 to 170 yuan.
AIR FRANCE-KLM AIRF.PA
The airline group expects a $2.4 billion increase in its fuel bill this year. It downgraded its full-year capacity outlook to an increase of 2% to 4%, having previously guided for 3% to 5% growth.
It earlier announced plans to increase long-haul ticket prices to address surging fuel costs, with cabin fares set to rise by 50 euros ($58) per round trip.
The group's Dutch arm KLM said on April 16 it would cancel 160 flights in Europe in the coming month due to rising fuel costs.
AIR INDIA
The Indian carrier will temporarily cut flights on several international routes between June and August.
Bloomberg News previously reported the airline had discussed furloughing non-technical employees and cutting flight capacity by more than 20% for the next three months.
Air India also said it would revise its fuel surcharge from a flat domestic surcharge to a distance-based grid. It said surcharges on international routes did not compensate for the exponential rise in fuel prices.
AIR NEW ZEALAND AIR.NZ
The New Zealand-based airline forecast its largest pre-tax annual loss in four years and said it would review its capital spending plans and the timing of aircraft deliveries to better align with demand and market conditions.
The carrier has hiked fares and consolidated capacity thrice, having been one of the first to announce broad increases to ticket prices when the conflict broke out. It warned there could be further capacity consolidation if fuel prices stay high.
AIR TRANSAT TRZ.TO
The Canadian airline said it would reduce planned capacity by 6% from May to October this year, with cuts expected on routes to Europe and the Caribbean, and with its service to Cuba remaining suspended until October.
AKASA AIR
India's Akasa Air introduced a fuel surcharge ranging between 199 and 1,300 Indian rupees ($2 to $14) on domestic and international flights.
ALASKA AIR ALK.N
The U.S. airline launched a $500 million debt offering as the sharp rise in fuel prices puts pressure on margins.
The carrier previously withdrew its full-year profit forecast and warned of a steep hit to second-quarter earnings. It has also trimmed capacity in some markets.
AMERICAN AIRLINES AAL.O
The U.S. carrier slashed its 2026 profit forecast, pushing the lower end of expectations to a loss, and said it expected the jet fuel bill to increase by more than $4 billion this year.
It has hiked checked baggage fees by $10 each for the first and second bags and by $150 for the third bag on domestic and short-haul international flights, and trimmed certain benefits for economy passengers.
ANA 9202.T
The Japanese airline said higher fuel prices would lift costs by about 140 billion yen ($883 million) this year, though hedging, fares and cost cuts are expected to limit the impact to around 60 billion yen. It is also considering a domestic fuel surcharge for the financial year starting in April 2027.
ASIANA AIRLINES 020560.KS
The South Korean airline will slash 22 flights between April and July due to the fuel cost increase, Newsis reported.
CATHAY PACIFIC 0293.HK
The Hong Kong airline will lower fuel surcharges for most passenger flights from May 16 as part of an "agile response" to the volatility of jet fuel prices, it said.
CEBU AIR CEB.PS
The Philippines-based airline said it had implemented fare adjustments and surcharges across parts of its network in response to fuel price pressures.
DELTA AIR LINES DAL.N
Delta said it would cut capacity by around 3.5 percentage points from its original plan and raise fees for checked bags in an attempt to offset jet fuel costs, with an increase of $10 on first and second checked bags and a $50 increase on the third.
The U.S. airline pulled all planned capacity growth for the second quarter and forecast profit below Wall Street expectations.
EASYJET EZJ.L
EasyJet warned of a bigger half-year pre-tax loss of 540-560 million pounds ($721-748 million), including 25 million pounds in extra fuel costs in March.
FRONTIER AIRLINES ULCC.O
A group of U.S. budget airlines including Frontier has pitched a $2.5 billion relief plan to the U.S. government, the Wall Street Journal reported. The figure is based on how much more the group expects to pay for jet fuel this year compared to earlier forecasts, the report said.
The carrier has said it is reviewing its full-year forecast as fuel prices have increased significantly since it issued it.
GREATER BAY AIRLINES
The Hong Kong-based company said it would raise fuel surcharges on most routes from April 1, while keeping them unchanged on mainland China and Japan routes.
HONG KONG AIRLINES
The airline said it would raise fuel surcharges by up to 35% from March 12, with the sharpest increase on flights between Hong Kong and the Maldives, Bangladesh and Nepal, where charges would rise to HK$384 ($49) from HK$284.
IAG ICAG.L
British Airways-owner IAG warned its annual profit would be lower than forecast, as soaring jet fuel costs and supply disruptions weigh on earnings more than expected.
It previously said it would raise ticket prices to reflect higher fuel costs, as, despite fuel hedges, it was "not immune" to the broader fallout from fuel cost volatility.
INDIGO INGL.NS
India's biggest airline said it would introduce fuel charges on domestic and international flights from March 14, including a charge of 900 rupees for flights to the Middle East and a charge of 2,300 rupees for flights to Europe.
JETBLUE AIRWAYS JBLU.O
JetBlue suspended its full-year outlook and said it would slow hiring, cut capacity and hike fares to soften the impact of soaring fuel costs.
KOREAN AIR
The South Korean carrier entered an emergency management mode from April, as rising oil prices weigh on costs, a source with knowledge of the matter told Reuters.
LATAM AIRLINES LTM.SN
The Chile-based carrier cut its 2026 core earnings forecast after higher fuel prices drove up costs.
LUFTHANSA LHAG.DE
The German airline group said it would face a 1.7 billion euro hit from jet fuel prices in 2026.
ITA Airways, a part of the group, said it would raise ticket prices between 5% and 10% in 2026 to compensate for the rising fuel costs.
In April, the Lufthansa group unveiled a new "Economy Basic" low-cost fare option for short- and medium-haul flights, which will limit free carry-on bags to only a "laptop bag or a small backpack".
It previously removed 20,000 short-haul flights from its schedule through October, saying it was equivalent to about 40,000 metric tons of jet fuel.
PAKISTAN INTERNATIONAL AIRLINES
The carrier said it would raise domestic flight fares by $20 and international fares by up to $100, citing higher fuel surcharges.
QANTAS AIRWAYS QAN.AX
Australia's Qantas said it had delayed a planned A$150 million ($107 million) buyback and was raising its estimated fuel bill for the second half of 2026 to A$3.1-3.3 billion, from a previous A$2.5 billion forecast.
RYANAIR RYA.I
Ryanair CEO Michael O'Leary warned the low-cost airline's profit may come under "a bit of pressure" in the fiscal year ending March 2027 if oil prices remain at high levels.
SAS
The Scandinavian airline said it would cancel 1,000 flights in April because of high oil and jet fuel prices, after cancelling a "couple hundred" flights in March.
SPIRIT AIRLINES
The U.S. low-cost carrier shut down abruptly after collapsing under financial pressures, including the sharp rise in fuel costs.
SPRING AIRLINES 601021.SS
The Chinese budget airline said it would raise fuel surcharges on domestic flights from April 5.
SOUTHWEST AIRLINES LUV.N
The U.S. carrier forecast second-quarter profit below market expectations and its CEO warned the fuel spike would be a billion-dollar headwind for the airline in the quarter.
It previously hiked checked baggage fees by $10 for the first and second bags, raising costs to $45 for the first bag and $55 for the second.
TAP
The Portuguese airline said price hikes would partially mitigate the impact of fuel price changes on its revenue.
THAI AIRASIA
The Thai low-cost carrier said it would reduce overall seat capacity by an average of 30% between May and June to mitigate the impact of fuel prices and softening demand.
THAI AIRWAYS THAI.BK
The Thailand-based carrier said it would raise fares by 10% to 15% to address rising fuel costs.
TUI TUI1n.DE
The European airline and tour operator cut its full-year underlying profit outlook and suspended revenue guidance, saying it had incurred about 40 million euros in extra costs due to the war in March, including repatriation efforts and operational disruptions.
TURKISH AIRLINES THYAO.IS, LUFTHANSA LHAG.DE
SunExpress, a joint venture between Turkish Airlines and Lufthansa, said it would impose a temporary fuel surcharge of 10 euros per passenger on routes between Turkey and mainland Europe. The surcharge will apply to bookings made on or after April 1 for departures on or after May 1.
Turkish Airlines said on April 10 it had decided not to distribute any dividend from its 2025 net profit, opting to retain earnings to preserve cash.
T'WAY AIR 091810.KS
The South Korean low-cost carrier said it planned to furlough some of its cabin crew without pay in May and June as part of measures to address the impact of the war.
UNITED AIRLINES UAL.O
The U.S. airline's CEO Scott Kirby said ticket prices may need to rise by as much as 15% to 20% to offset a surge in fuel costs. The company already instated five fare increases late in the first quarter, along with higher baggage fees, which it said had started to offset rising fuel costs.
The carrier also forecast second-quarter and full-year profits below Wall Street estimates and said it expected to recover only 40-50% of the increase in fuel prices through fares and other revenue measures in the second quarter, improving to 70-80% in the third and to as much as 85-100% by the fourth.
VIETJET VJC.HM
The Vietnamese budget airline said it had adjusted flight frequency on selected routes due to potential fuel shortages.
VIETNAM AIRLINES HVN.HM
The carrier plans to cancel 23 flights per week across domestic routes from April, Vietnam's aviation authority said, after the airline requested government assistance to remove an environmental tax on jet fuel.
VIRGIN ATLANTIC
The airline is adding fuel surcharges to fares but will still struggle to return to profitability this year, CEO Corneel Koster told the Financial Times.
VIRGIN AUSTRALIA VGN.AX
Virgin Australia said it expected an increase in fuel costs of around A$30-40 million for the second half of this fiscal year, and a 1% reduction in capacity in the fourth quarter.
VOLOTEA
The Spanish low-cost airline introduced a new pricing policy linking ticket prices to fuel costs, which could potentially add a post-purchase surcharge of up to 14 euros per passenger, per flight.
WESTJET
The Canadian airline has cut seat capacity for June, the Globe and Mail reported. The Canadian Press previously reported that the carrier would add a C$60 ($44) fuel surcharge to some bookings and combine flights as costs soar.
WIZZ AIR WIZZ.L
The low-cost carrier revised its guidance upwards, citing strong forward bookings and swift action to offset soaring fuel prices and flight cancellations by adding capacity on existing and new routes and using promotional fares. It had issued a profit warning at the start of the Iran war.
($1 = 6.8092 Chinese yuan renminbi)
($1 = 0.8598 euros)
($1 = 95.9650 Indian rupees)
($1 = 158.5600 yen)
($1 = 0.7488 pounds)
($1 = 7.8312 Hong Kong dollars)
($1 = 1.3984 Australian dollars)
($1 = 1.3751 Canadian dollars)
(Reporting by Aishwarya Jain, Bernadette Hogg, Dimitri Rhodes, Mireia Merino and Marleen Kaesebier; Editing by Matt Scuffham, Milla Nissi-Prussak, Leroy Leo, Hugh Lawson and Nick Zieminski)
Updates AirAsia X, Air New Zealand, Cebu Air, Chinese airlines; adds Ryanair.
May 15 (Reuters) - A surge in jet fuel prices from $85-$90 to $150-$200 per barrel amid the U.S.-Israeli war against Iran has blindsided the aviation industry, where fuel accounts for up to a quarter of operating expenses, forcing airlines to raise fares and revise financial outlooks.
Below is a list of how airlines are responding, in alphabetical order:
AEGEAN AIRLINES AGNr.AT
The Greek airline expects suspended Middle East flights and a spike in fuel prices to have a "notable impact" on its first-quarter results.
AIRASIA X AIRX.KL
The Malaysian carrier said it would suspend services on routes between Melbourne and Denpasar and Adelaide and Denpasar from June 18 due to increased fuel prices.
Executives previously said the airline had cut 10% of flights and introduced a surcharge of about 20% on fuel.
AIR CANADA AC.TO
Canada's largest carrier has suspended its full-year guidance due to fuel price volatility.
It had previously announced plans to trim four of its 38 daily flights to New York due to higher fuel prices.
AIR CHINA 601111.SS, CHINA SOUTHERN AIRLINES 600029.SS, REGIONAL CHINESE CARRIERS
Chinese airlines will raise fuel surcharges for domestic flights from May 16, with surcharges for domestic flights of 800 km (500 miles) or less to rise by 30 to 90 yuan ($4 to $13). For longer domestic routes, surcharges will increase by 50 to 170 yuan.
AIR FRANCE-KLM AIRF.PA
The airline group expects a $2.4 billion increase in its fuel bill this year. It downgraded its full-year capacity outlook to an increase of 2% to 4%, having previously guided for 3% to 5% growth.
It earlier announced plans to increase long-haul ticket prices to address surging fuel costs, with cabin fares set to rise by 50 euros ($58) per round trip.
The group's Dutch arm KLM said on April 16 it would cancel 160 flights in Europe in the coming month due to rising fuel costs.
AIR INDIA
The Indian carrier will temporarily cut flights on several international routes between June and August.
Bloomberg News previously reported the airline had discussed furloughing non-technical employees and cutting flight capacity by more than 20% for the next three months.
Air India also said it would revise its fuel surcharge from a flat domestic surcharge to a distance-based grid. It said surcharges on international routes did not compensate for the exponential rise in fuel prices.
AIR NEW ZEALAND AIR.NZ
The New Zealand-based airline forecast its largest pre-tax annual loss in four years and said it would review its capital spending plans and the timing of aircraft deliveries to better align with demand and market conditions.
The carrier has hiked fares and consolidated capacity thrice, having been one of the first to announce broad increases to ticket prices when the conflict broke out. It warned there could be further capacity consolidation if fuel prices stay high.
AIR TRANSAT TRZ.TO
The Canadian airline said it would reduce planned capacity by 6% from May to October this year, with cuts expected on routes to Europe and the Caribbean, and with its service to Cuba remaining suspended until October.
AKASA AIR
India's Akasa Air introduced a fuel surcharge ranging between 199 and 1,300 Indian rupees ($2 to $14) on domestic and international flights.
ALASKA AIR ALK.N
The U.S. airline launched a $500 million debt offering as the sharp rise in fuel prices puts pressure on margins.
The carrier previously withdrew its full-year profit forecast and warned of a steep hit to second-quarter earnings. It has also trimmed capacity in some markets.
AMERICAN AIRLINES AAL.O
The U.S. carrier slashed its 2026 profit forecast, pushing the lower end of expectations to a loss, and said it expected the jet fuel bill to increase by more than $4 billion this year.
It has hiked checked baggage fees by $10 each for the first and second bags and by $150 for the third bag on domestic and short-haul international flights, and trimmed certain benefits for economy passengers.
ANA 9202.T
The Japanese airline said higher fuel prices would lift costs by about 140 billion yen ($883 million) this year, though hedging, fares and cost cuts are expected to limit the impact to around 60 billion yen. It is also considering a domestic fuel surcharge for the financial year starting in April 2027.
ASIANA AIRLINES 020560.KS
The South Korean airline will slash 22 flights between April and July due to the fuel cost increase, Newsis reported.
CATHAY PACIFIC 0293.HK
The Hong Kong airline will lower fuel surcharges for most passenger flights from May 16 as part of an "agile response" to the volatility of jet fuel prices, it said.
CEBU AIR CEB.PS
The Philippines-based airline said it had implemented fare adjustments and surcharges across parts of its network in response to fuel price pressures.
DELTA AIR LINES DAL.N
Delta said it would cut capacity by around 3.5 percentage points from its original plan and raise fees for checked bags in an attempt to offset jet fuel costs, with an increase of $10 on first and second checked bags and a $50 increase on the third.
The U.S. airline pulled all planned capacity growth for the second quarter and forecast profit below Wall Street expectations.
EASYJET EZJ.L
EasyJet warned of a bigger half-year pre-tax loss of 540-560 million pounds ($721-748 million), including 25 million pounds in extra fuel costs in March.
FRONTIER AIRLINES ULCC.O
A group of U.S. budget airlines including Frontier has pitched a $2.5 billion relief plan to the U.S. government, the Wall Street Journal reported. The figure is based on how much more the group expects to pay for jet fuel this year compared to earlier forecasts, the report said.
The carrier has said it is reviewing its full-year forecast as fuel prices have increased significantly since it issued it.
GREATER BAY AIRLINES
The Hong Kong-based company said it would raise fuel surcharges on most routes from April 1, while keeping them unchanged on mainland China and Japan routes.
HONG KONG AIRLINES
The airline said it would raise fuel surcharges by up to 35% from March 12, with the sharpest increase on flights between Hong Kong and the Maldives, Bangladesh and Nepal, where charges would rise to HK$384 ($49) from HK$284.
IAG ICAG.L
British Airways-owner IAG warned its annual profit would be lower than forecast, as soaring jet fuel costs and supply disruptions weigh on earnings more than expected.
It previously said it would raise ticket prices to reflect higher fuel costs, as, despite fuel hedges, it was "not immune" to the broader fallout from fuel cost volatility.
INDIGO INGL.NS
India's biggest airline said it would introduce fuel charges on domestic and international flights from March 14, including a charge of 900 rupees for flights to the Middle East and a charge of 2,300 rupees for flights to Europe.
JETBLUE AIRWAYS JBLU.O
JetBlue suspended its full-year outlook and said it would slow hiring, cut capacity and hike fares to soften the impact of soaring fuel costs.
KOREAN AIR
The South Korean carrier entered an emergency management mode from April, as rising oil prices weigh on costs, a source with knowledge of the matter told Reuters.
LATAM AIRLINES LTM.SN
The Chile-based carrier cut its 2026 core earnings forecast after higher fuel prices drove up costs.
LUFTHANSA LHAG.DE
The German airline group said it would face a 1.7 billion euro hit from jet fuel prices in 2026.
ITA Airways, a part of the group, said it would raise ticket prices between 5% and 10% in 2026 to compensate for the rising fuel costs.
In April, the Lufthansa group unveiled a new "Economy Basic" low-cost fare option for short- and medium-haul flights, which will limit free carry-on bags to only a "laptop bag or a small backpack".
It previously removed 20,000 short-haul flights from its schedule through October, saying it was equivalent to about 40,000 metric tons of jet fuel.
PAKISTAN INTERNATIONAL AIRLINES
The carrier said it would raise domestic flight fares by $20 and international fares by up to $100, citing higher fuel surcharges.
QANTAS AIRWAYS QAN.AX
Australia's Qantas said it had delayed a planned A$150 million ($107 million) buyback and was raising its estimated fuel bill for the second half of 2026 to A$3.1-3.3 billion, from a previous A$2.5 billion forecast.
RYANAIR RYA.I
Ryanair CEO Michael O'Leary warned the low-cost airline's profit may come under "a bit of pressure" in the fiscal year ending March 2027 if oil prices remain at high levels.
SAS
The Scandinavian airline said it would cancel 1,000 flights in April because of high oil and jet fuel prices, after cancelling a "couple hundred" flights in March.
SPIRIT AIRLINES
The U.S. low-cost carrier shut down abruptly after collapsing under financial pressures, including the sharp rise in fuel costs.
SPRING AIRLINES 601021.SS
The Chinese budget airline said it would raise fuel surcharges on domestic flights from April 5.
SOUTHWEST AIRLINES LUV.N
The U.S. carrier forecast second-quarter profit below market expectations and its CEO warned the fuel spike would be a billion-dollar headwind for the airline in the quarter.
It previously hiked checked baggage fees by $10 for the first and second bags, raising costs to $45 for the first bag and $55 for the second.
TAP
The Portuguese airline said price hikes would partially mitigate the impact of fuel price changes on its revenue.
THAI AIRASIA
The Thai low-cost carrier said it would reduce overall seat capacity by an average of 30% between May and June to mitigate the impact of fuel prices and softening demand.
THAI AIRWAYS THAI.BK
The Thailand-based carrier said it would raise fares by 10% to 15% to address rising fuel costs.
TUI TUI1n.DE
The European airline and tour operator cut its full-year underlying profit outlook and suspended revenue guidance, saying it had incurred about 40 million euros in extra costs due to the war in March, including repatriation efforts and operational disruptions.
TURKISH AIRLINES THYAO.IS, LUFTHANSA LHAG.DE
SunExpress, a joint venture between Turkish Airlines and Lufthansa, said it would impose a temporary fuel surcharge of 10 euros per passenger on routes between Turkey and mainland Europe. The surcharge will apply to bookings made on or after April 1 for departures on or after May 1.
Turkish Airlines said on April 10 it had decided not to distribute any dividend from its 2025 net profit, opting to retain earnings to preserve cash.
T'WAY AIR 091810.KS
The South Korean low-cost carrier said it planned to furlough some of its cabin crew without pay in May and June as part of measures to address the impact of the war.
UNITED AIRLINES UAL.O
The U.S. airline's CEO Scott Kirby said ticket prices may need to rise by as much as 15% to 20% to offset a surge in fuel costs. The company already instated five fare increases late in the first quarter, along with higher baggage fees, which it said had started to offset rising fuel costs.
The carrier also forecast second-quarter and full-year profits below Wall Street estimates and said it expected to recover only 40-50% of the increase in fuel prices through fares and other revenue measures in the second quarter, improving to 70-80% in the third and to as much as 85-100% by the fourth.
VIETJET VJC.HM
The Vietnamese budget airline said it had adjusted flight frequency on selected routes due to potential fuel shortages.
VIETNAM AIRLINES HVN.HM
The carrier plans to cancel 23 flights per week across domestic routes from April, Vietnam's aviation authority said, after the airline requested government assistance to remove an environmental tax on jet fuel.
VIRGIN ATLANTIC
The airline is adding fuel surcharges to fares but will still struggle to return to profitability this year, CEO Corneel Koster told the Financial Times.
VIRGIN AUSTRALIA VGN.AX
Virgin Australia said it expected an increase in fuel costs of around A$30-40 million for the second half of this fiscal year, and a 1% reduction in capacity in the fourth quarter.
VOLOTEA
The Spanish low-cost airline introduced a new pricing policy linking ticket prices to fuel costs, which could potentially add a post-purchase surcharge of up to 14 euros per passenger, per flight.
WESTJET
The Canadian airline has cut seat capacity for June, the Globe and Mail reported. The Canadian Press previously reported that the carrier would add a C$60 ($44) fuel surcharge to some bookings and combine flights as costs soar.
WIZZ AIR WIZZ.L
The low-cost carrier revised its guidance upwards, citing strong forward bookings and swift action to offset soaring fuel prices and flight cancellations by adding capacity on existing and new routes and using promotional fares. It had issued a profit warning at the start of the Iran war.
($1 = 6.8092 Chinese yuan renminbi)
($1 = 0.8598 euros)
($1 = 95.9650 Indian rupees)
($1 = 158.5600 yen)
($1 = 0.7488 pounds)
($1 = 7.8312 Hong Kong dollars)
($1 = 1.3984 Australian dollars)
($1 = 1.3751 Canadian dollars)
(Reporting by Aishwarya Jain, Bernadette Hogg, Dimitri Rhodes, Mireia Merino and Marleen Kaesebier; Editing by Matt Scuffham, Milla Nissi-Prussak, Leroy Leo, Hugh Lawson and Nick Zieminski)
FACTBOX-Airlines tackle fuel cost surge with price hikes, outlook cuts
Updates Air India, adds Wizz Air
May 13 (Reuters) - A surge in jet fuel prices from $85-$90 to $150-$200 per barrel amid the U.S.-Israeli war against Iran has blindsided the aviation industry, where fuel accounts for up to a quarter of operating expenses, forcing airlines to raise fares and revise their financial outlooks.
Below is a list of how airlines are responding, in alphabetical order:
AEGEAN AIRLINES AGNr.AT
The Greek airline expects suspended Middle East flights and a spike in fuel prices to have a "notable impact" on its first-quarter results.
AIRASIA X AIRX.KL
The Malaysian airline's executives said the company had cut 10% of flights across the group, with a surcharge of about 20% on fuel in general.
AIR CANADA AC.TO
Canada's largest carrier has suspended its full-year guidance due to jet fuel price volatility.
The company had previously announced plans to trim four of its 38 daily flights to New York due to higher fuel prices.
AIR CHINA 601111.SS, CHINA SOUTHERN AIRLINES 600029.SS, CHINA EASTERN AIRLINES 600115.SS
China's 'big three' airlines have lifted surcharges on domestic routes to 60 yuan ($9) for flights under 800 km and 120 yuan for those over 800 km, from 10 yuan and 20 yuan, respectively.
AIR FRANCE-KLM AIRF.PA
The airline group said it expected a $2.4 billion increase in its fuel bill this year and downgraded its capacity outlook to an increase of 2% to 4% from 2025. It previously expected an increase of 3% to 5%.
The group previously announced plans to increase long-haul ticket prices to address surging fuel costs, with cabin fares set to rise by 50 euros ($59) per round trip.
The group's Dutch arm KLM said on April 16 it would cancel 160 flights in Europe in the coming month due to rising fuel costs.
AIR INDIA
The Indian carrier will temporarily cut flights on several international routes between June and August.
Bloomberg News previously reported the company had discussed furloughing non-technical employees and cutting flight capacity by more than 20% for the next three months.
The company also said it would revise its fuel surcharge from a flat domestic surcharge to a distance-based grid. It said surcharges on international routes did not compensate for the exponential rise in fuel prices.
AIR NEW ZEALAND AIR.NZ
The airline said on April 7 it would slash flights through May and June and hike fares, having been one of the first to announce broad increases to ticket prices when the conflict broke out. It also suspended its full-year earnings forecast due to fuel market volatility.
AIR TRANSAT TRZ.TO
The Canadian airline said it would reduce planned capacity by 6% from May until October this year, with cuts expected on routes to Europe and the Caribbean and its service to Cuba remaining suspended until October.
AKASA AIR
India's Akasa Air said it was introducing a fuel surcharge ranging between 199 and 1,300 Indian rupees ($2 to $14) on domestic and international flights.
ALASKA AIR ALK.N
The U.S. airline launched a $500 million debt offering as the sharp rise in fuel prices puts pressure on margins.
The carrier previously withdrew its full-year profit forecast and warned of a steep hit to second-quarter earnings. It has also trimmed capacity in some markets.
AMERICAN AIRLINES AAL.O
The U.S. carrier slashed its 2026 profit forecast, pushing the lower end of expectations to a loss, and said it expected its jet fuel bill to increase by more than $4 billion this year.
It has hiked checked baggage fees by $10 each for the first and second bags and by $150 for the third bag on domestic and short-haul international flights, and trimmed certain benefits for economy passengers.
ANA 9202.T
The Japanese airline said higher fuel prices would lift costs by about 140 billion yen ($890 million) this year, though hedging, fares and cost cuts are expected to limit the impact to around 60 billion yen. It said it is considering introducing a domestic fuel surcharge in the financial year from April 2027.
ASIANA AIRLINES 020560.KS
The South Korean airline will slash 22 flights between April and July due to the fuel cost increase, Newsis reported.
CATHAY PACIFIC 0293.HK
The Hong Kong airline will lower fuel surcharges for most passenger flights from May 16, it said, as part of an "agile response" to the volatility of jet fuel prices.
CEBU AIR CEB.PS
The Philippines-based airline said the sharp rise in fuel prices was a key concern and it would continue to review its pricing and network strategies to mitigate the impact.
DELTA AIR LINES DAL.N
Delta said it would cut capacity by around 3.5 percentage points from its original plan and raise fees for checked bags in an attempt to offset soaring jet fuel costs, with an increase of $10 on first and second checked bags and a $50 increase on the third.
The U.S. airline pulled all planned capacity growth for the current quarter and forecast profit below Wall Street expectations.
EASYJET EZJ.L
EasyJet warned of a bigger half-year pre-tax loss of between 540 million pounds and 560 million pounds ($729 million and $756 million), including 25 million pounds in extra fuel costs in March.
FRONTIER AIRLINES ULCC.O
A group of U.S. budget airlines including Frontier has pitched a $2.5 billion relief plan to the U.S. government, the Wall Street Journal reported. The figure is based on how much more the group expects to pay for jet fuel this year compared to earlier forecasts, the report said.
The carrier has said it is reviewing its full-year forecast as fuel prices have increased significantly since it issued it.
GREATER BAY AIRLINES
The Hong Kong-based company said it would raise fuel surcharges on most routes from April 1, while keeping them unchanged on mainland China and Japan routes.
HONG KONG AIRLINES
The airline said it would raise fuel surcharges by up to 35% from March 12, with the sharpest increase on flights between Hong Kong and the Maldives, Bangladesh and Nepal, where charges would rise to HK$384 from HK$284.
IAG ICAG.L
British Airways-owner IAG warned annual profit would be lower than forecast, as soaring jet fuel costs and supply disruptions weigh on earnings more than expected.
It previously said it would raise ticket prices to reflect higher jet fuel costs, as, despite its fuel hedges, it was "not immune" to the broader fallout from fuel cost volatility.
INDIGO INGL.NS
India's biggest airline said it would introduce fuel charges on domestic and international flights from March 14, including a charge of 900 rupees for flights to the Middle East and a charge of 2,300 rupees for flights to Europe.
JETBLUE AIRWAYS JBLU.O
JetBlue said it would slow hiring, cut capacity and hike fares to soften the impact of soaring jet fuel costs, and its CEO Joanna Geraghty said on an earnings call the airline suspended its full-year outlook.
KOREAN AIR
The South Korean carrier will enter emergency management mode from April, as rising oil prices weigh on costs, a source with knowledge of the matter told Reuters.
LATAM AIRLINES LTM.SN
The Chile-based carrier cut its 2026 core earnings forecast after higher jet fuel prices drove up costs.
LUFTHANSA LHAG.DE
The German airline group said it would face a 1.7 billion euro hit from jet fuel prices in 2026.
Its subsidiary ITA Airways said it would raise ticket prices between 5% and 10% in 2026 to compensate for the rising fuel costs.
In April, the group unveiled a new "Economy Basic" low-cost fare option for short- and medium-haul flights, which will limit free carry-on bags to only a "laptop bag or a small backpack".
The group previously said 20,000 short-haul flights would be removed from its schedule through October, equivalent to about 40,000 metric tons of jet fuel.
PAKISTAN INTERNATIONAL AIRLINES
The carrier said it would raise domestic flight fares by $20 and international fares by up to $100, citing higher fuel surcharges.
QANTAS AIRWAYS QAN.AX
Australia's Qantas said it had delayed a planned A$150 million ($109 million) buyback and was raising its estimated fuel bill for the second half of 2026 to A$3.1 billion-A$3.3 billion, from a previous A$2.5 billion forecast.
SAS
The Scandinavian airline said it would cancel 1,000 flights in April because of high oil and jet fuel prices, after cancelling a "couple hundred" flights in March.
SPIRIT AIRLINES
The U.S. low-cost carrier shut down abruptly after collapsing under financial pressures, including the sharp rise in fuel costs due to the Iran war.
SPRING AIRLINES 601021.SS
The budget Chinese airline said it would raise fuel surcharges on domestic flights from April 5, with details to be announced later.
SOUTHWEST AIRLINES LUV.N
The U.S. carrier forecast second-quarter profit below market expectations and its CEO warned the jet fuel spike would be a billion-dollar headwind for the airline in the quarter.
It had previously hiked checked baggage fees by $10 for the first and second bags, raising costs to $45 for the first bag and $55 for the second.
TAP
The Portuguese airline said its price hikes would partially mitigate the impact of fuel price changes on its revenue.
THAI AIRASIA
The Thai low-cost carrier said it would reduce overall seat capacity by an average of 30% between May and June to mitigate the impact of aviation fuel prices and softening demand.
THAI AIRWAYS THAI.BK
The Thailand-based carrier said it would raise fares by 10% to 15% to address rising fuel costs.
TUI TUI1n.DE
The European airline and tour operator cut its full-year underlying profit outlook and suspended revenue guidance, saying it had incurred about 40 million euros in extra costs due to the war in March, including repatriation efforts and operational disruptions.
TURKISH AIRLINES THYAO.IS, LUFTHANSA LHAG.DE
SunExpress, a joint venture between Turkish Airlines and Lufthansa, said it would impose a temporary fuel surcharge of 10 euros per passenger on routes between Turkey and mainland Europe. The surcharge will apply to bookings made on or after April 1 for departures on or after May 1.
Turkish Airlines said on April 10 it had decided not to distribute any dividend from its 2025 net profit, opting to retain earnings to preserve cash.
T'WAY AIR 091810.KS
The South Korean low-cost carrier said it planned to furlough some of its cabin crew without pay in May and June as part of measures to address the impact of the war.
UNITED AIRLINES UAL.O
The U.S. airline's CEO Scott Kirby said ticket prices may need to rise by as much as 15% to 20% to offset a surge in jet fuel costs. The company already instated five fare increases late in the first quarter, along with higher baggage fees, which it said have started to offset rising fuel costs.
The carrier also forecast second-quarter and full-year profits below Wall Street estimates and said it expected to recover only 40-50% of the increase in fuel prices through fares and other revenue measures in the second quarter, improving to 70-80% in the third and to as much as 85-100% by the fourth.
VIETJET VJC.HM
The Vietnamese budget airline said it had adjusted flight frequency on selected routes due to potential fuel shortages.
VIETNAM AIRLINES HVN.HM
The carrier plans to cancel 23 flights per week across domestic routes from April, Vietnam's aviation authority said, after the airline requested government assistance to remove an environmental tax on jet fuel.
VIRGIN ATLANTIC
The airline is adding fuel surcharges to fares but will still struggle to return to profitability this year, its CEO Corneel Koster told the Financial Times.
VIRGIN AUSTRALIA VGN.AX
Virgin Australia said it expected an increase in jet fuel cost of around A$30 million-A$40 million for the second half of this fiscal year, and a 1% reduction in capacity in the fourth quarter.
VOLOTEA
The Spanish low-cost airline introduced a new pricing policy linking ticket prices to fuel costs, which could potentially add a post-purchase surcharge of up to 14 euros per passenger, per flight.
WESTJET
The Canadian airline has cut seat capacity for June, the Globe and Mail reported. The Canadian Press previously reported that the carrier would add a C$60 ($44) fuel surcharge to some bookings and combine flights as costs soar.
WIZZ AIR WIZZ.L
The low-cost carrier revised its guidance upwards, citing strong forward bookings and swift action to offset soaring fuel prices and flight cancellations by adding capacity on existing and new routes and using promotional fares. It had issued a profit warning at the start of the war in the Middle East.
($1 = 6.7908 Chinese yuan renminbi)
($1 = 0.8538 euros)
($1 = 95.6093 Indian rupees)
($1 = 157.7600 yen)
($1 = 0.7405 pounds)
($1 = 1.3793 Australian dollars)
($1 = 1.3690 Canadian dollars)
(Reporting by Aishwarya Jain, Bernadette Hogg, Dimitri Rhodes, Mireia Merino and Marleen Kaesebier; Editing by Matt Scuffham, Milla Nissi-Prussak, Leroy Leo, Hugh Lawson and Nick Zieminski)
Updates Air India, adds Wizz Air
May 13 (Reuters) - A surge in jet fuel prices from $85-$90 to $150-$200 per barrel amid the U.S.-Israeli war against Iran has blindsided the aviation industry, where fuel accounts for up to a quarter of operating expenses, forcing airlines to raise fares and revise their financial outlooks.
Below is a list of how airlines are responding, in alphabetical order:
AEGEAN AIRLINES AGNr.AT
The Greek airline expects suspended Middle East flights and a spike in fuel prices to have a "notable impact" on its first-quarter results.
AIRASIA X AIRX.KL
The Malaysian airline's executives said the company had cut 10% of flights across the group, with a surcharge of about 20% on fuel in general.
AIR CANADA AC.TO
Canada's largest carrier has suspended its full-year guidance due to jet fuel price volatility.
The company had previously announced plans to trim four of its 38 daily flights to New York due to higher fuel prices.
AIR CHINA 601111.SS, CHINA SOUTHERN AIRLINES 600029.SS, CHINA EASTERN AIRLINES 600115.SS
China's 'big three' airlines have lifted surcharges on domestic routes to 60 yuan ($9) for flights under 800 km and 120 yuan for those over 800 km, from 10 yuan and 20 yuan, respectively.
AIR FRANCE-KLM AIRF.PA
The airline group said it expected a $2.4 billion increase in its fuel bill this year and downgraded its capacity outlook to an increase of 2% to 4% from 2025. It previously expected an increase of 3% to 5%.
The group previously announced plans to increase long-haul ticket prices to address surging fuel costs, with cabin fares set to rise by 50 euros ($59) per round trip.
The group's Dutch arm KLM said on April 16 it would cancel 160 flights in Europe in the coming month due to rising fuel costs.
AIR INDIA
The Indian carrier will temporarily cut flights on several international routes between June and August.
Bloomberg News previously reported the company had discussed furloughing non-technical employees and cutting flight capacity by more than 20% for the next three months.
The company also said it would revise its fuel surcharge from a flat domestic surcharge to a distance-based grid. It said surcharges on international routes did not compensate for the exponential rise in fuel prices.
AIR NEW ZEALAND AIR.NZ
The airline said on April 7 it would slash flights through May and June and hike fares, having been one of the first to announce broad increases to ticket prices when the conflict broke out. It also suspended its full-year earnings forecast due to fuel market volatility.
AIR TRANSAT TRZ.TO
The Canadian airline said it would reduce planned capacity by 6% from May until October this year, with cuts expected on routes to Europe and the Caribbean and its service to Cuba remaining suspended until October.
AKASA AIR
India's Akasa Air said it was introducing a fuel surcharge ranging between 199 and 1,300 Indian rupees ($2 to $14) on domestic and international flights.
ALASKA AIR ALK.N
The U.S. airline launched a $500 million debt offering as the sharp rise in fuel prices puts pressure on margins.
The carrier previously withdrew its full-year profit forecast and warned of a steep hit to second-quarter earnings. It has also trimmed capacity in some markets.
AMERICAN AIRLINES AAL.O
The U.S. carrier slashed its 2026 profit forecast, pushing the lower end of expectations to a loss, and said it expected its jet fuel bill to increase by more than $4 billion this year.
It has hiked checked baggage fees by $10 each for the first and second bags and by $150 for the third bag on domestic and short-haul international flights, and trimmed certain benefits for economy passengers.
ANA 9202.T
The Japanese airline said higher fuel prices would lift costs by about 140 billion yen ($890 million) this year, though hedging, fares and cost cuts are expected to limit the impact to around 60 billion yen. It said it is considering introducing a domestic fuel surcharge in the financial year from April 2027.
ASIANA AIRLINES 020560.KS
The South Korean airline will slash 22 flights between April and July due to the fuel cost increase, Newsis reported.
CATHAY PACIFIC 0293.HK
The Hong Kong airline will lower fuel surcharges for most passenger flights from May 16, it said, as part of an "agile response" to the volatility of jet fuel prices.
CEBU AIR CEB.PS
The Philippines-based airline said the sharp rise in fuel prices was a key concern and it would continue to review its pricing and network strategies to mitigate the impact.
DELTA AIR LINES DAL.N
Delta said it would cut capacity by around 3.5 percentage points from its original plan and raise fees for checked bags in an attempt to offset soaring jet fuel costs, with an increase of $10 on first and second checked bags and a $50 increase on the third.
The U.S. airline pulled all planned capacity growth for the current quarter and forecast profit below Wall Street expectations.
EASYJET EZJ.L
EasyJet warned of a bigger half-year pre-tax loss of between 540 million pounds and 560 million pounds ($729 million and $756 million), including 25 million pounds in extra fuel costs in March.
FRONTIER AIRLINES ULCC.O
A group of U.S. budget airlines including Frontier has pitched a $2.5 billion relief plan to the U.S. government, the Wall Street Journal reported. The figure is based on how much more the group expects to pay for jet fuel this year compared to earlier forecasts, the report said.
The carrier has said it is reviewing its full-year forecast as fuel prices have increased significantly since it issued it.
GREATER BAY AIRLINES
The Hong Kong-based company said it would raise fuel surcharges on most routes from April 1, while keeping them unchanged on mainland China and Japan routes.
HONG KONG AIRLINES
The airline said it would raise fuel surcharges by up to 35% from March 12, with the sharpest increase on flights between Hong Kong and the Maldives, Bangladesh and Nepal, where charges would rise to HK$384 from HK$284.
IAG ICAG.L
British Airways-owner IAG warned annual profit would be lower than forecast, as soaring jet fuel costs and supply disruptions weigh on earnings more than expected.
It previously said it would raise ticket prices to reflect higher jet fuel costs, as, despite its fuel hedges, it was "not immune" to the broader fallout from fuel cost volatility.
INDIGO INGL.NS
India's biggest airline said it would introduce fuel charges on domestic and international flights from March 14, including a charge of 900 rupees for flights to the Middle East and a charge of 2,300 rupees for flights to Europe.
JETBLUE AIRWAYS JBLU.O
JetBlue said it would slow hiring, cut capacity and hike fares to soften the impact of soaring jet fuel costs, and its CEO Joanna Geraghty said on an earnings call the airline suspended its full-year outlook.
KOREAN AIR
The South Korean carrier will enter emergency management mode from April, as rising oil prices weigh on costs, a source with knowledge of the matter told Reuters.
LATAM AIRLINES LTM.SN
The Chile-based carrier cut its 2026 core earnings forecast after higher jet fuel prices drove up costs.
LUFTHANSA LHAG.DE
The German airline group said it would face a 1.7 billion euro hit from jet fuel prices in 2026.
Its subsidiary ITA Airways said it would raise ticket prices between 5% and 10% in 2026 to compensate for the rising fuel costs.
In April, the group unveiled a new "Economy Basic" low-cost fare option for short- and medium-haul flights, which will limit free carry-on bags to only a "laptop bag or a small backpack".
The group previously said 20,000 short-haul flights would be removed from its schedule through October, equivalent to about 40,000 metric tons of jet fuel.
PAKISTAN INTERNATIONAL AIRLINES
The carrier said it would raise domestic flight fares by $20 and international fares by up to $100, citing higher fuel surcharges.
QANTAS AIRWAYS QAN.AX
Australia's Qantas said it had delayed a planned A$150 million ($109 million) buyback and was raising its estimated fuel bill for the second half of 2026 to A$3.1 billion-A$3.3 billion, from a previous A$2.5 billion forecast.
SAS
The Scandinavian airline said it would cancel 1,000 flights in April because of high oil and jet fuel prices, after cancelling a "couple hundred" flights in March.
SPIRIT AIRLINES
The U.S. low-cost carrier shut down abruptly after collapsing under financial pressures, including the sharp rise in fuel costs due to the Iran war.
SPRING AIRLINES 601021.SS
The budget Chinese airline said it would raise fuel surcharges on domestic flights from April 5, with details to be announced later.
SOUTHWEST AIRLINES LUV.N
The U.S. carrier forecast second-quarter profit below market expectations and its CEO warned the jet fuel spike would be a billion-dollar headwind for the airline in the quarter.
It had previously hiked checked baggage fees by $10 for the first and second bags, raising costs to $45 for the first bag and $55 for the second.
TAP
The Portuguese airline said its price hikes would partially mitigate the impact of fuel price changes on its revenue.
THAI AIRASIA
The Thai low-cost carrier said it would reduce overall seat capacity by an average of 30% between May and June to mitigate the impact of aviation fuel prices and softening demand.
THAI AIRWAYS THAI.BK
The Thailand-based carrier said it would raise fares by 10% to 15% to address rising fuel costs.
TUI TUI1n.DE
The European airline and tour operator cut its full-year underlying profit outlook and suspended revenue guidance, saying it had incurred about 40 million euros in extra costs due to the war in March, including repatriation efforts and operational disruptions.
TURKISH AIRLINES THYAO.IS, LUFTHANSA LHAG.DE
SunExpress, a joint venture between Turkish Airlines and Lufthansa, said it would impose a temporary fuel surcharge of 10 euros per passenger on routes between Turkey and mainland Europe. The surcharge will apply to bookings made on or after April 1 for departures on or after May 1.
Turkish Airlines said on April 10 it had decided not to distribute any dividend from its 2025 net profit, opting to retain earnings to preserve cash.
T'WAY AIR 091810.KS
The South Korean low-cost carrier said it planned to furlough some of its cabin crew without pay in May and June as part of measures to address the impact of the war.
UNITED AIRLINES UAL.O
The U.S. airline's CEO Scott Kirby said ticket prices may need to rise by as much as 15% to 20% to offset a surge in jet fuel costs. The company already instated five fare increases late in the first quarter, along with higher baggage fees, which it said have started to offset rising fuel costs.
The carrier also forecast second-quarter and full-year profits below Wall Street estimates and said it expected to recover only 40-50% of the increase in fuel prices through fares and other revenue measures in the second quarter, improving to 70-80% in the third and to as much as 85-100% by the fourth.
VIETJET VJC.HM
The Vietnamese budget airline said it had adjusted flight frequency on selected routes due to potential fuel shortages.
VIETNAM AIRLINES HVN.HM
The carrier plans to cancel 23 flights per week across domestic routes from April, Vietnam's aviation authority said, after the airline requested government assistance to remove an environmental tax on jet fuel.
VIRGIN ATLANTIC
The airline is adding fuel surcharges to fares but will still struggle to return to profitability this year, its CEO Corneel Koster told the Financial Times.
VIRGIN AUSTRALIA VGN.AX
Virgin Australia said it expected an increase in jet fuel cost of around A$30 million-A$40 million for the second half of this fiscal year, and a 1% reduction in capacity in the fourth quarter.
VOLOTEA
The Spanish low-cost airline introduced a new pricing policy linking ticket prices to fuel costs, which could potentially add a post-purchase surcharge of up to 14 euros per passenger, per flight.
WESTJET
The Canadian airline has cut seat capacity for June, the Globe and Mail reported. The Canadian Press previously reported that the carrier would add a C$60 ($44) fuel surcharge to some bookings and combine flights as costs soar.
WIZZ AIR WIZZ.L
The low-cost carrier revised its guidance upwards, citing strong forward bookings and swift action to offset soaring fuel prices and flight cancellations by adding capacity on existing and new routes and using promotional fares. It had issued a profit warning at the start of the war in the Middle East.
($1 = 6.7908 Chinese yuan renminbi)
($1 = 0.8538 euros)
($1 = 95.6093 Indian rupees)
($1 = 157.7600 yen)
($1 = 0.7405 pounds)
($1 = 1.3793 Australian dollars)
($1 = 1.3690 Canadian dollars)
(Reporting by Aishwarya Jain, Bernadette Hogg, Dimitri Rhodes, Mireia Merino and Marleen Kaesebier; Editing by Matt Scuffham, Milla Nissi-Prussak, Leroy Leo, Hugh Lawson and Nick Zieminski)
FACTBOX-Airlines tackle fuel cost surge with price hikes, outlook cuts
Adds Cathay Pacific, Updates Air India, IAG
May 8 (Reuters) - A surge in jet fuel prices from $85-$90 to $150-$200 per barrel amid the U.S.-Israeli war against Iran has blindsided the aviation industry, where fuel accounts for up to a quarter of operating expenses, forcing airlines to raise fares and revise their financial outlooks.
Below is a list of how airlines are responding, in alphabetical order:
AEGEAN AIRLINES AGNr.AT
The Greek airline expects suspended Middle East flights and a spike in fuel prices to have a "notable impact" on its first-quarter results.
AIRASIA X AIRX.KL
The Malaysian airline's executives said the company had cut 10% of flights across the group, with a surcharge of about 20% on fuel in general.
AIR CANADA AC.TO
Canada's largest carrier has suspended its full-year guidance due to jet fuel price volatility.
The company had previously announced plans to trim four of its 38 daily flights to New York due to higher fuel prices.
AIR CHINA 601111.SS, CHINA SOUTHERN AIRLINES 600029.SS, CHINA EASTERN AIRLINES 600115.SS
China's 'big three' airlines have lifted surcharges on domestic routes to 60 yuan ($8.78) for flights under 800 km and 120 yuan for those over 800 km, from 10 yuan and 20 yuan, respectively.
AIR FRANCE-KLM AIRF.PA
The airline group said it expected a $2.4 billion increase in its fuel bill this year and downgraded its capacity outlook to an increase of 2% to 4% from 2025. It previously expected an increase of 3% to 5%.
The group previously announced plans to increase long-haul ticket prices to address surging fuel costs, with cabin fares set to rise by 50 euros ($59) per round trip.
The group's Dutch arm KLM said on April 16 it would cancel 160 flights in Europe in the coming month due to rising fuel costs.
AIR INDIA
The Indian carrier discussed furloughing non-technical employees and cutting flight capacity by more than 20% for the next three months, Bloomberg News reported.
The company also said it would revise its fuel surcharge from a flat domestic surcharge to a distance-based grid. It said surcharges on international routes did not compensate for the exponential rise in fuel prices.
AIR NEW ZEALAND AIR.NZ
The airline said on April 7 it would slash flights through May and June and hike fares, having been one of the first to announce broad increases to ticket prices when the conflict broke out. It also suspended its full-year earnings forecast due to fuel market volatility.
AIR TRANSAT TRZ.TO
The Canadian airline said it would reduce planned capacity by 6% from May until October this year, with cuts expected on routes to Europe and the Caribbean and its service to Cuba remaining suspended until October.
AKASA AIR
India's Akasa Air said it was introducing a fuel surcharge ranging between 199 and 1,300 Indian rupees ($2 to $14) on domestic and international flights.
ALASKA AIR ALK.N
The U.S. airline launched a $500 million debt offering as the sharp rise in fuel prices puts pressure on margins.
The carrier previously withdrew its full-year profit forecast and warned of a steep hit to second-quarter earnings. It has also trimmed capacity in some markets.
AMERICAN AIRLINES AAL.O
The U.S. carrier slashed its 2026 profit forecast, pushing the lower end of expectations to a loss, and said it expected its jet fuel bill to increase by more than $4 billion this year.
It has hiked checked baggage fees by $10 each for the first and second bags and by $150 for the third bag on domestic and short-haul international flights, and trimmed certain benefits for economy passengers.
ANA 9202.T
The Japanese airline said higher fuel prices would lift costs by about 140 billion yen ($890 million) this year, though hedging, fares and cost cuts are expected to limit the impact to around 60 billion yen. It said it is considering introducing a domestic fuel surcharge in the financial year from April 2027.
ASIANA AIRLINES 020560.KS
The South Korean airline will slash 22 flights between April and July due to the fuel cost increase, Newsis reported.
CATHAY PACIFIC 0293.HK
The Hong Kong airline will lower fuel surcharges for most passenger flights from May 16, it said, as part of an "agile response" to the volatility of jet fuel prices.
CEBU AIR CEB.PS
The Philippines-based airline said the sharp rise in fuel prices was a key concern and it would continue to review its pricing and network strategies to mitigate the impact.
DELTA AIR LINES DAL.N
Delta said it would cut capacity by around 3.5 percentage points from its original plan and raise fees for checked bags in an attempt to offset soaring jet fuel costs, with an increase of $10 on first and second checked bags and a $50 increase on the third.
The U.S. airline pulled all planned capacity growth for the current quarter and forecast profit below Wall Street expectations.
EASYJET EZJ.L
EasyJet warned of a bigger half-year pre-tax loss of between 540 million and 560 million pounds ($732 million and $759 million), including 25 million pounds in extra fuel costs in March.
FRONTIER AIRLINES ULCC.O
A group of U.S. budget airlines including Frontier has pitched a $2.5 billion relief plan to the U.S. government, the Wall Street Journal reported. The figure is based on how much more the group expects to pay for jet fuel this year compared to earlier forecasts, the report said.
The carrier has said it is reviewing its full-year forecast as fuel prices have increased significantly since it issued it.
GREATER BAY AIRLINES
The Hong Kong-based company said it would raise fuel surcharges on most routes from April 1, while keeping them unchanged on mainland China and Japan routes.
HONG KONG AIRLINES
The airline said it would raise fuel surcharges by up to 35% from March 12, with the sharpest increase on flights between Hong Kong and the Maldives, Bangladesh and Nepal, where charges would rise to HK$384 from HK$284.
IAG ICAG.L
British Airways-owner IAG warned annual profit would be lower than forecast, as soaring jet fuel costs and supply disruptions weigh on earnings more than expected.
It previously said it would raise ticket prices to reflect higher jet fuel costs, as, despite its fuel hedges, it was "not immune" to the broader fallout from fuel cost volatility.
INDIGO INGL.NS
India's biggest airline said it would introduce fuel charges on domestic and international flights from March 14, including a charge of 900 rupees for flights to the Middle East and a charge of 2,300 rupees for flights to Europe.
JETBLUE AIRWAYS JBLU.O
JetBlue said it would slow hiring, cut capacity and hike fares to soften the impact of soaring jet fuel costs, and its CEO Joanna Geraghty said on an earnings call the airline suspended its full-year outlook.
KOREAN AIR
The South Korean carrier will enter emergency management mode from April, as rising oil prices weigh on costs, a source with knowledge of the matter told Reuters.
LATAM AIRLINES LTM.SN
The Chile-based carrier cut its 2026 core earnings forecast after higher jet fuel prices drove up costs.
LUFTHANSA LHAG.DE
The German airline group said it would face a 1.7 billion euro hit from jet fuel prices in 2026.
Its subsidiary ITA Airways said it would raise ticket prices between 5% and 10% in 2026 to compensate for the rising fuel costs.
In April, the group unveiled a new "Economy Basic" low-cost fare option for short- and medium-haul flights, which will limit free carry-on bags to only a "laptop bag or a small backpack".
The group previously said 20,000 short-haul flights would be removed from its schedule through October, equivalent to about 40,000 metric tons of jet fuel.
PAKISTAN INTERNATIONAL AIRLINES
The carrier said it would raise domestic flight fares by $20 and international fares by up to $100, citing higher fuel surcharges.
QANTAS AIRWAYS QAN.AX
Australia's Qantas said it had delayed a planned A$150 million ($108 million) buyback and was raising its estimated fuel bill for the second half of 2026 to A$3.1 billion-A$3.3 billion, from a previous A$2.5 billion forecast.
SAS
The Scandinavian airline said it would cancel 1,000 flights in April because of high oil and jet fuel prices, after cancelling a "couple hundred" flights in March.
SPIRIT AIRLINES
The U.S. low-cost carrier shut down abruptly after collapsing under financial pressures, including the sharp rise in fuel costs due to the Iran war.
SPRING AIRLINES 601021.SS
The budget Chinese airline said it would raise fuel surcharges on domestic flights from April 5, with details to be announced later.
SOUTHWEST AIRLINES LUV.N
The U.S. carrier forecast second-quarter profit below market expectations and its CEO warned the jet fuel spike would be a billion-dollar headwind for the airline in the quarter.
It had previously hiked checked baggage fees by $10 for the first and second bags, raising costs to $45 for the first bag and $55 for the second.
TAP
The Portuguese airline said its price hikes would partially mitigate the impact of fuel price changes on its revenue.
THAI AIRASIA
The Thai low-cost carrier said it would reduce overall seat capacity by an average of 30% between May and June to mitigate the impact of aviation fuel prices and softening demand.
THAI AIRWAYS THAI.BK
The Thailand-based carrier said it would raise fares by 10% to 15% to address rising fuel costs.
TUI TUI1n.DE
The European airline and tour operator cut its full-year underlying profit outlook and suspended revenue guidance, saying it had incurred about 40 million euros in extra costs due to the war in March, including repatriation efforts and operational disruptions.
TURKISH AIRLINES THYAO.IS, LUFTHANSA LHAG.DE
SunExpress, a joint venture between Turkish Airlines and Lufthansa, said it would impose a temporary fuel surcharge of 10 euros per passenger on routes between Turkey and mainland Europe. The surcharge will apply to bookings made on or after April 1 for departures on or after May 1.
Turkish Airlines said on April 10 it had decided not to distribute any dividend from its 2025 net profit, opting to retain earnings to preserve cash.
T'WAY AIR 091810.KS
The South Korean low-cost carrier said it planned to furlough some of its cabin crew without pay in May and June as part of measures to address the impact of the war.
UNITED AIRLINES UAL.O
The U.S. airline's CEO Scott Kirby said ticket prices may need to rise by as much as 15% to 20% to offset a surge in jet fuel costs. The company already instated five fare increases late in the first quarter, along with higher baggage fees, which it said have started to offset rising fuel costs.
The carrier also forecast second-quarter and full-year profits below Wall Street estimates and said it expected to recover only 40-50% of the increase in fuel prices through fares and other revenue measures in the second quarter, improving to 70-80% in the third and to as much as 85-100% by the fourth.
VIETJET VJC.HM
The Vietnamese budget airline said it had adjusted flight frequency on selected routes due to potential fuel shortages.
VIETNAM AIRLINES HVN.HM
The carrier plans to cancel 23 flights per week across domestic routes from April, Vietnam's aviation authority said, after the airline requested government assistance to remove an environmental tax on jet fuel.
VIRGIN ATLANTIC
The airline is adding fuel surcharges to fares but will still struggle to return to profitability this year, its CEO Corneel Koster told the Financial Times.
VIRGIN AUSTRALIA VGN.AX
Virgin Australia said it expected an increase in jet fuel cost of around A$30 million-A$40 million for the second half of this fiscal year, and a 1% reduction in capacity in the fourth quarter.
VOLOTEA
The Spanish low-cost airline introduced a new pricing policy linking ticket prices to fuel costs, which could potentially add a post-purchase surcharge of up to 14 euros per passenger, per flight.
WESTJET
The Canadian airline has cut seat capacity for June, the Globe and Mail reported. The Canadian Press previously reported that the carrier would add a C$60 ($44) fuel surcharge to some bookings and combine flights as costs soar.
($1 = 157.1700 yen/6.8300 Chinese yuan renminbi/0.8539 euros/95.0875 Indian rupees/0.7378 pounds/1.3910 Australian dollars/1.3601 Canadian dollars)
(Reporting by Aishwarya Jain, Bernadette Hogg, Dimitri Rhodes, Mireia Merino and Marleen Kaesebier; Editing by Matt Scuffham, Milla Nissi-Prussak, Leroy Leo, Hugh Lawson and Nick Zieminski)
Adds Cathay Pacific, Updates Air India, IAG
May 8 (Reuters) - A surge in jet fuel prices from $85-$90 to $150-$200 per barrel amid the U.S.-Israeli war against Iran has blindsided the aviation industry, where fuel accounts for up to a quarter of operating expenses, forcing airlines to raise fares and revise their financial outlooks.
Below is a list of how airlines are responding, in alphabetical order:
AEGEAN AIRLINES AGNr.AT
The Greek airline expects suspended Middle East flights and a spike in fuel prices to have a "notable impact" on its first-quarter results.
AIRASIA X AIRX.KL
The Malaysian airline's executives said the company had cut 10% of flights across the group, with a surcharge of about 20% on fuel in general.
AIR CANADA AC.TO
Canada's largest carrier has suspended its full-year guidance due to jet fuel price volatility.
The company had previously announced plans to trim four of its 38 daily flights to New York due to higher fuel prices.
AIR CHINA 601111.SS, CHINA SOUTHERN AIRLINES 600029.SS, CHINA EASTERN AIRLINES 600115.SS
China's 'big three' airlines have lifted surcharges on domestic routes to 60 yuan ($8.78) for flights under 800 km and 120 yuan for those over 800 km, from 10 yuan and 20 yuan, respectively.
AIR FRANCE-KLM AIRF.PA
The airline group said it expected a $2.4 billion increase in its fuel bill this year and downgraded its capacity outlook to an increase of 2% to 4% from 2025. It previously expected an increase of 3% to 5%.
The group previously announced plans to increase long-haul ticket prices to address surging fuel costs, with cabin fares set to rise by 50 euros ($59) per round trip.
The group's Dutch arm KLM said on April 16 it would cancel 160 flights in Europe in the coming month due to rising fuel costs.
AIR INDIA
The Indian carrier discussed furloughing non-technical employees and cutting flight capacity by more than 20% for the next three months, Bloomberg News reported.
The company also said it would revise its fuel surcharge from a flat domestic surcharge to a distance-based grid. It said surcharges on international routes did not compensate for the exponential rise in fuel prices.
AIR NEW ZEALAND AIR.NZ
The airline said on April 7 it would slash flights through May and June and hike fares, having been one of the first to announce broad increases to ticket prices when the conflict broke out. It also suspended its full-year earnings forecast due to fuel market volatility.
AIR TRANSAT TRZ.TO
The Canadian airline said it would reduce planned capacity by 6% from May until October this year, with cuts expected on routes to Europe and the Caribbean and its service to Cuba remaining suspended until October.
AKASA AIR
India's Akasa Air said it was introducing a fuel surcharge ranging between 199 and 1,300 Indian rupees ($2 to $14) on domestic and international flights.
ALASKA AIR ALK.N
The U.S. airline launched a $500 million debt offering as the sharp rise in fuel prices puts pressure on margins.
The carrier previously withdrew its full-year profit forecast and warned of a steep hit to second-quarter earnings. It has also trimmed capacity in some markets.
AMERICAN AIRLINES AAL.O
The U.S. carrier slashed its 2026 profit forecast, pushing the lower end of expectations to a loss, and said it expected its jet fuel bill to increase by more than $4 billion this year.
It has hiked checked baggage fees by $10 each for the first and second bags and by $150 for the third bag on domestic and short-haul international flights, and trimmed certain benefits for economy passengers.
ANA 9202.T
The Japanese airline said higher fuel prices would lift costs by about 140 billion yen ($890 million) this year, though hedging, fares and cost cuts are expected to limit the impact to around 60 billion yen. It said it is considering introducing a domestic fuel surcharge in the financial year from April 2027.
ASIANA AIRLINES 020560.KS
The South Korean airline will slash 22 flights between April and July due to the fuel cost increase, Newsis reported.
CATHAY PACIFIC 0293.HK
The Hong Kong airline will lower fuel surcharges for most passenger flights from May 16, it said, as part of an "agile response" to the volatility of jet fuel prices.
CEBU AIR CEB.PS
The Philippines-based airline said the sharp rise in fuel prices was a key concern and it would continue to review its pricing and network strategies to mitigate the impact.
DELTA AIR LINES DAL.N
Delta said it would cut capacity by around 3.5 percentage points from its original plan and raise fees for checked bags in an attempt to offset soaring jet fuel costs, with an increase of $10 on first and second checked bags and a $50 increase on the third.
The U.S. airline pulled all planned capacity growth for the current quarter and forecast profit below Wall Street expectations.
EASYJET EZJ.L
EasyJet warned of a bigger half-year pre-tax loss of between 540 million and 560 million pounds ($732 million and $759 million), including 25 million pounds in extra fuel costs in March.
FRONTIER AIRLINES ULCC.O
A group of U.S. budget airlines including Frontier has pitched a $2.5 billion relief plan to the U.S. government, the Wall Street Journal reported. The figure is based on how much more the group expects to pay for jet fuel this year compared to earlier forecasts, the report said.
The carrier has said it is reviewing its full-year forecast as fuel prices have increased significantly since it issued it.
GREATER BAY AIRLINES
The Hong Kong-based company said it would raise fuel surcharges on most routes from April 1, while keeping them unchanged on mainland China and Japan routes.
HONG KONG AIRLINES
The airline said it would raise fuel surcharges by up to 35% from March 12, with the sharpest increase on flights between Hong Kong and the Maldives, Bangladesh and Nepal, where charges would rise to HK$384 from HK$284.
IAG ICAG.L
British Airways-owner IAG warned annual profit would be lower than forecast, as soaring jet fuel costs and supply disruptions weigh on earnings more than expected.
It previously said it would raise ticket prices to reflect higher jet fuel costs, as, despite its fuel hedges, it was "not immune" to the broader fallout from fuel cost volatility.
INDIGO INGL.NS
India's biggest airline said it would introduce fuel charges on domestic and international flights from March 14, including a charge of 900 rupees for flights to the Middle East and a charge of 2,300 rupees for flights to Europe.
JETBLUE AIRWAYS JBLU.O
JetBlue said it would slow hiring, cut capacity and hike fares to soften the impact of soaring jet fuel costs, and its CEO Joanna Geraghty said on an earnings call the airline suspended its full-year outlook.
KOREAN AIR
The South Korean carrier will enter emergency management mode from April, as rising oil prices weigh on costs, a source with knowledge of the matter told Reuters.
LATAM AIRLINES LTM.SN
The Chile-based carrier cut its 2026 core earnings forecast after higher jet fuel prices drove up costs.
LUFTHANSA LHAG.DE
The German airline group said it would face a 1.7 billion euro hit from jet fuel prices in 2026.
Its subsidiary ITA Airways said it would raise ticket prices between 5% and 10% in 2026 to compensate for the rising fuel costs.
In April, the group unveiled a new "Economy Basic" low-cost fare option for short- and medium-haul flights, which will limit free carry-on bags to only a "laptop bag or a small backpack".
The group previously said 20,000 short-haul flights would be removed from its schedule through October, equivalent to about 40,000 metric tons of jet fuel.
PAKISTAN INTERNATIONAL AIRLINES
The carrier said it would raise domestic flight fares by $20 and international fares by up to $100, citing higher fuel surcharges.
QANTAS AIRWAYS QAN.AX
Australia's Qantas said it had delayed a planned A$150 million ($108 million) buyback and was raising its estimated fuel bill for the second half of 2026 to A$3.1 billion-A$3.3 billion, from a previous A$2.5 billion forecast.
SAS
The Scandinavian airline said it would cancel 1,000 flights in April because of high oil and jet fuel prices, after cancelling a "couple hundred" flights in March.
SPIRIT AIRLINES
The U.S. low-cost carrier shut down abruptly after collapsing under financial pressures, including the sharp rise in fuel costs due to the Iran war.
SPRING AIRLINES 601021.SS
The budget Chinese airline said it would raise fuel surcharges on domestic flights from April 5, with details to be announced later.
SOUTHWEST AIRLINES LUV.N
The U.S. carrier forecast second-quarter profit below market expectations and its CEO warned the jet fuel spike would be a billion-dollar headwind for the airline in the quarter.
It had previously hiked checked baggage fees by $10 for the first and second bags, raising costs to $45 for the first bag and $55 for the second.
TAP
The Portuguese airline said its price hikes would partially mitigate the impact of fuel price changes on its revenue.
THAI AIRASIA
The Thai low-cost carrier said it would reduce overall seat capacity by an average of 30% between May and June to mitigate the impact of aviation fuel prices and softening demand.
THAI AIRWAYS THAI.BK
The Thailand-based carrier said it would raise fares by 10% to 15% to address rising fuel costs.
TUI TUI1n.DE
The European airline and tour operator cut its full-year underlying profit outlook and suspended revenue guidance, saying it had incurred about 40 million euros in extra costs due to the war in March, including repatriation efforts and operational disruptions.
TURKISH AIRLINES THYAO.IS, LUFTHANSA LHAG.DE
SunExpress, a joint venture between Turkish Airlines and Lufthansa, said it would impose a temporary fuel surcharge of 10 euros per passenger on routes between Turkey and mainland Europe. The surcharge will apply to bookings made on or after April 1 for departures on or after May 1.
Turkish Airlines said on April 10 it had decided not to distribute any dividend from its 2025 net profit, opting to retain earnings to preserve cash.
T'WAY AIR 091810.KS
The South Korean low-cost carrier said it planned to furlough some of its cabin crew without pay in May and June as part of measures to address the impact of the war.
UNITED AIRLINES UAL.O
The U.S. airline's CEO Scott Kirby said ticket prices may need to rise by as much as 15% to 20% to offset a surge in jet fuel costs. The company already instated five fare increases late in the first quarter, along with higher baggage fees, which it said have started to offset rising fuel costs.
The carrier also forecast second-quarter and full-year profits below Wall Street estimates and said it expected to recover only 40-50% of the increase in fuel prices through fares and other revenue measures in the second quarter, improving to 70-80% in the third and to as much as 85-100% by the fourth.
VIETJET VJC.HM
The Vietnamese budget airline said it had adjusted flight frequency on selected routes due to potential fuel shortages.
VIETNAM AIRLINES HVN.HM
The carrier plans to cancel 23 flights per week across domestic routes from April, Vietnam's aviation authority said, after the airline requested government assistance to remove an environmental tax on jet fuel.
VIRGIN ATLANTIC
The airline is adding fuel surcharges to fares but will still struggle to return to profitability this year, its CEO Corneel Koster told the Financial Times.
VIRGIN AUSTRALIA VGN.AX
Virgin Australia said it expected an increase in jet fuel cost of around A$30 million-A$40 million for the second half of this fiscal year, and a 1% reduction in capacity in the fourth quarter.
VOLOTEA
The Spanish low-cost airline introduced a new pricing policy linking ticket prices to fuel costs, which could potentially add a post-purchase surcharge of up to 14 euros per passenger, per flight.
WESTJET
The Canadian airline has cut seat capacity for June, the Globe and Mail reported. The Canadian Press previously reported that the carrier would add a C$60 ($44) fuel surcharge to some bookings and combine flights as costs soar.
($1 = 157.1700 yen/6.8300 Chinese yuan renminbi/0.8539 euros/95.0875 Indian rupees/0.7378 pounds/1.3910 Australian dollars/1.3601 Canadian dollars)
(Reporting by Aishwarya Jain, Bernadette Hogg, Dimitri Rhodes, Mireia Merino and Marleen Kaesebier; Editing by Matt Scuffham, Milla Nissi-Prussak, Leroy Leo, Hugh Lawson and Nick Zieminski)
FACTBOX-Airlines tackle fuel cost surge with price hikes, outlook cuts
Updates Alaska Air, Lufthansa, adds Latam Airlines
May 6 (Reuters) - A surge in jet fuel prices from $85-$90 to $150-$200 per barrel amid the U.S.-Israeli war on Iran has blindsided the aviation industry, where fuel accounts for up to a quarter of operating expenses, forcing airlines to raise fares and revise their financial outlooks.
Below is a list of how airlines are responding, in alphabetical order:
AEGEAN AIRLINES AGNr.AT
The Greek airline expects suspended Middle East flights and a spike in fuel prices to have a "notable impact" on its first-quarter results.
AIRASIA X AIRX.KL
The Malaysian airline's executives said the company had cut 10% of flights across the group, with a surcharge of about 20% on fuel in general.
AIR CANADA AC.TO
Canada's largest carrier has suspended its full-year guidance due to jet fuel price volatility.
The company had previously announced plans to trim four of its 38 daily flights to New York due to higher fuel prices.
AIR CHINA 601111.SS, CHINA SOUTHERN AIRLINES 600029.SS, CHINA EASTERN AIRLINES 600115.SS
China's 'big three' airlines have lifted surcharges on domestic routes to 60 yuan ($8.78) for flights under 800 km and 120 yuan for those over 800 km, from 10 yuan and 20 yuan, respectively.
AIR FRANCE-KLM AIRF.PA
The airline group said it expected a $2.4 billion increase in its fuel bill this year and downgraded its capacity outlook to an increase of 2% to 4% from 2025. It previously expected an increase of 3% to 5%.
The group previously announced plans to increase long-haul ticket prices to address surging fuel costs, with cabin fares set to rise by 50 euros ($59) per round trip.
The group's Dutch arm KLM said on April 16 it would cancel 160 flights in Europe in the coming month due to rising fuel costs.
AIR INDIA
The Indian carrier said it would revise its fuel surcharge from a flat domestic surcharge to a distance-based grid. It said surcharges on international routes did not compensate for the exponential rise in fuel prices.
AIR NEW ZEALAND AIR.NZ
The airline said on April 7 it would slash flights through May and June and hike fares, having been one of the first to announce broad increases to ticket prices when the conflict broke out. It also suspended its full-year earnings forecast due to fuel market volatility.
AIR TRANSAT TRZ.TO
The Canadian airline said it would reduce planned capacity by 6% from May until October this year, with cuts expected on routes to Europe and the Caribbean and its service to Cuba remaining suspended until October.
AKASA AIR
India's Akasa Air said it was introducing a fuel surcharge ranging between 199 and 1,300 Indian rupees ($2 to $14) on domestic and international flights.
ALASKA AIR ALK.N
The U.S. airline launched a $500 million debt offering as the sharp rise in fuel prices puts pressure on margins.
The carrier previously withdrew its full-year profit forecast and warned of a steep hit to second-quarter earnings. It has also trimmed capacity in some markets.
AMERICAN AIRLINES AAL.O
The U.S. carrier slashed its 2026 profit forecast, pushing the lower end of expectations to a loss, and said it expected its jet fuel bill to increase by more than $4 billion this year.
It has hiked checked baggage fees by $10 each for the first and second bags and by $150 for the third bag on domestic and short-haul international flights, and trimmed certain benefits for economy passengers.
ANA 9202.T
The Japanese airline said higher fuel prices would lift costs by about 140 billion yen ($890 million) this year, though hedging, fares and cost cuts are expected to limit the impact to around 60 billion yen. It said it is considering introducing a domestic fuel surcharge in the financial year from April 2027.
ASIANA AIRLINES 020560.KS
The South Korean airline will slash 22 flights between April and July due to the fuel cost increase, Newsis reported.
CEBU AIR CEB.PS
The Philippines-based airline said the sharp rise in fuel prices was a key concern and it would continue to review its pricing and network strategies to mitigate the impact.
DELTA AIR LINES DAL.N
Delta said it would cut capacity by around 3.5 percentage points from its original plan and raise fees for checked bags in an attempt to offset soaring jet fuel costs, with an increase of $10 on first and second checked bags and a $50 increase on the third.
The U.S. airline pulled all planned capacity growth for the current quarter and forecast profit below Wall Street expectations.
EASYJET EZJ.L
EasyJet warned of a bigger half-year pre-tax loss of between 540 million and 560 million pounds ($732 million and $759 million), including 25 million pounds in extra fuel costs in March.
FRONTIER AIRLINES ULCC.O
A group of U.S. budget airlines including Frontier has pitched a $2.5 billion relief plan to the U.S. government, the Wall Street Journal reported. The figure is based on how much more the group expects to pay for jet fuel this year compared to earlier forecasts, the report said.
The carrier has said it is reviewing its full-year forecast as fuel prices have increased significantly since it issued it.
GREATER BAY AIRLINES
The Hong Kong-based company said it would raise fuel surcharges on most routes from April 1, while keeping them unchanged on mainland China and Japan routes.
HONG KONG AIRLINES
The airline said it would raise fuel surcharges by up to 35% from March 12, with the sharpest increase on flights between Hong Kong and the Maldives, Bangladesh and Nepal, where charges would rise to HK$384 from HK$284.
IAG ICAG.L
British Airways-owner IAG said it would raise ticket prices to reflect higher jet fuel costs, as, despite its fuel hedges, it was "not immune" to the broader fallout from fuel cost volatility.
INDIGO INGL.NS
India's biggest airline said it would introduce fuel charges on domestic and international flights from March 14, including a charge of 900 rupees for flights to the Middle East and a charge of 2,300 rupees for flights to Europe.
JETBLUE AIRWAYS JBLU.O
JetBlue said it would slow hiring, cut capacity and hike fares to soften the impact of soaring jet fuel costs, and its CEO Joanna Geraghty said on an earnings call the airline suspended its full-year outlook.
KOREAN AIR
The South Korean carrier will enter emergency management mode from April, as rising oil prices weigh on costs, a source with knowledge of the matter told Reuters.
LATAM AIRLINES LTM.SN
The Chile-based carrier cut its 2026 core earnings forecast after higher jet fuel prices drove up costs.
LUFTHANSA LHAG.DE
The German airline group said it would face a 1.7 billion euro hit from jet fuel prices in 2026.
Its subsidiary ITA Airways said it would raise ticket prices between 5% and 10% in 2026 to compensate for the rising fuel costs.
In April, the group unveiled a new "Economy Basic" low-cost fare option for short- and medium-haul flights, which will limit free carry-on bags to only a "laptop bag or a small backpack".
The group previously said 20,000 short-haul flights would be removed from its schedule through October, equivalent to about 40,000 metric tons of jet fuel.
PAKISTAN INTERNATIONAL AIRLINES
The carrier said it would raise domestic flight fares by $20 and international fares by up to $100, citing higher fuel surcharges.
QANTAS AIRWAYS QAN.AX
Australia's Qantas said it had delayed a planned A$150 million ($108 million) buyback and was raising its estimated fuel bill for the second half of 2026 to A$3.1 billion-A$3.3 billion, from a previous A$2.5 billion forecast.
SAS
The Scandinavian airline said it would cancel 1,000 flights in April because of high oil and jet fuel prices, after cancelling a "couple hundred" flights in March.
SPIRIT AIRLINES
The U.S. low-cost carrier shut down abruptly after collapsing under financial pressures, including the sharp rise in fuel costs due to the Iran war.
SPRING AIRLINES 601021.SS
The budget Chinese airline said it would raise fuel surcharges on domestic flights from April 5, with details to be announced later.
SOUTHWEST AIRLINES LUV.N
The U.S. carrier forecast second-quarter profit below market expectations and its CEO warned the jet fuel spike would be a billion-dollar headwind for the airline in the quarter.
It had previously hiked checked baggage fees by $10 for the first and second bags, raising costs to $45 for the first bag and $55 for the second.
TAP
The Portuguese airline said its price hikes would partially mitigate the impact of fuel price changes on its revenue.
THAI AIRASIA
The Thai low-cost carrier said it would reduce overall seat capacity by an average of 30% between May and June to mitigate the impact of aviation fuel prices and softening demand.
THAI AIRWAYS THAI.BK
The Thailand-based carrier said it would raise fares by 10% to 15% to address rising fuel costs.
TUI TUI1n.DE
The European airline and tour operator cut its full-year underlying profit outlook and suspended revenue guidance, saying it had incurred about 40 million euros in extra costs due to the war in March, including repatriation efforts and operational disruptions.
TURKISH AIRLINES THYAO.IS, LUFTHANSA LHAG.DE
SunExpress, a joint venture between Turkish Airlines and Lufthansa, said it would impose a temporary fuel surcharge of 10 euros per passenger on routes between Turkey and mainland Europe. The surcharge will apply to bookings made on or after April 1 for departures on or after May 1.
Turkish Airlines said on April 10 it had decided not to distribute any dividend from its 2025 net profit, opting to retain earnings to preserve cash.
T'WAY AIR 091810.KS
The South Korean low-cost carrier said it planned to furlough some of its cabin crew without pay in May and June as part of measures to address the impact of the war.
UNITED AIRLINES UAL.O
The U.S. airline's CEO Scott Kirby said ticket prices may need to rise by as much as 15% to 20% to offset a surge in jet fuel costs. The company already instated five fare increases late in the first quarter, along with higher baggage fees, which it said have started to offset rising fuel costs.
The carrier also forecast second-quarter and full-year profits below Wall Street estimates and said it expected to recover only 40-50% of the increase in fuel prices through fares and other revenue measures in the second quarter, improving to 70-80% in the third and to as much as 85-100% by the fourth.
VIETJET VJC.HM
The Vietnamese budget airline said it had adjusted flight frequency on selected routes due to potential fuel shortages.
VIETNAM AIRLINES HVN.HM
The carrier plans to cancel 23 flights per week across domestic routes from April, Vietnam's aviation authority said, after the airline requested government assistance to remove an environmental tax on jet fuel.
VIRGIN ATLANTIC
The airline is adding fuel surcharges to fares but will still struggle to return to profitability this year, its CEO Corneel Koster told the Financial Times.
VIRGIN AUSTRALIA VGN.AX
Virgin Australia said it expected an increase in jet fuel cost of around A$30 million-A$40 million for the second half of this fiscal year, and a 1% reduction in capacity in the fourth quarter.
VOLOTEA
The Spanish low-cost airline introduced a new pricing policy linking ticket prices to fuel costs, which could potentially add a post-purchase surcharge of up to 14 euros per passenger, per flight.
WESTJET
The Canadian airline has cut seat capacity for June, the Globe and Mail reported. The Canadian Press previously reported that the carrier would add a C$60 ($44) fuel surcharge to some bookings and combine flights as costs soar.
($1 = 157.1700 yen/6.8300 Chinese yuan renminbi/0.8539 euros/95.0875 Indian rupees/0.7378 pounds/1.3910 Australian dollars/1.3601 Canadian dollars)
(Reporting by Aishwarya Jain, Bernadette Hogg, Dimitri Rhodes, Mireia Merino and Marleen Kaesebier; Editing by Matt Scuffham, Milla Nissi-Prussak, Leroy Leo, Hugh Lawson and Nick Zieminski)
Updates Alaska Air, Lufthansa, adds Latam Airlines
May 6 (Reuters) - A surge in jet fuel prices from $85-$90 to $150-$200 per barrel amid the U.S.-Israeli war on Iran has blindsided the aviation industry, where fuel accounts for up to a quarter of operating expenses, forcing airlines to raise fares and revise their financial outlooks.
Below is a list of how airlines are responding, in alphabetical order:
AEGEAN AIRLINES AGNr.AT
The Greek airline expects suspended Middle East flights and a spike in fuel prices to have a "notable impact" on its first-quarter results.
AIRASIA X AIRX.KL
The Malaysian airline's executives said the company had cut 10% of flights across the group, with a surcharge of about 20% on fuel in general.
AIR CANADA AC.TO
Canada's largest carrier has suspended its full-year guidance due to jet fuel price volatility.
The company had previously announced plans to trim four of its 38 daily flights to New York due to higher fuel prices.
AIR CHINA 601111.SS, CHINA SOUTHERN AIRLINES 600029.SS, CHINA EASTERN AIRLINES 600115.SS
China's 'big three' airlines have lifted surcharges on domestic routes to 60 yuan ($8.78) for flights under 800 km and 120 yuan for those over 800 km, from 10 yuan and 20 yuan, respectively.
AIR FRANCE-KLM AIRF.PA
The airline group said it expected a $2.4 billion increase in its fuel bill this year and downgraded its capacity outlook to an increase of 2% to 4% from 2025. It previously expected an increase of 3% to 5%.
The group previously announced plans to increase long-haul ticket prices to address surging fuel costs, with cabin fares set to rise by 50 euros ($59) per round trip.
The group's Dutch arm KLM said on April 16 it would cancel 160 flights in Europe in the coming month due to rising fuel costs.
AIR INDIA
The Indian carrier said it would revise its fuel surcharge from a flat domestic surcharge to a distance-based grid. It said surcharges on international routes did not compensate for the exponential rise in fuel prices.
AIR NEW ZEALAND AIR.NZ
The airline said on April 7 it would slash flights through May and June and hike fares, having been one of the first to announce broad increases to ticket prices when the conflict broke out. It also suspended its full-year earnings forecast due to fuel market volatility.
AIR TRANSAT TRZ.TO
The Canadian airline said it would reduce planned capacity by 6% from May until October this year, with cuts expected on routes to Europe and the Caribbean and its service to Cuba remaining suspended until October.
AKASA AIR
India's Akasa Air said it was introducing a fuel surcharge ranging between 199 and 1,300 Indian rupees ($2 to $14) on domestic and international flights.
ALASKA AIR ALK.N
The U.S. airline launched a $500 million debt offering as the sharp rise in fuel prices puts pressure on margins.
The carrier previously withdrew its full-year profit forecast and warned of a steep hit to second-quarter earnings. It has also trimmed capacity in some markets.
AMERICAN AIRLINES AAL.O
The U.S. carrier slashed its 2026 profit forecast, pushing the lower end of expectations to a loss, and said it expected its jet fuel bill to increase by more than $4 billion this year.
It has hiked checked baggage fees by $10 each for the first and second bags and by $150 for the third bag on domestic and short-haul international flights, and trimmed certain benefits for economy passengers.
ANA 9202.T
The Japanese airline said higher fuel prices would lift costs by about 140 billion yen ($890 million) this year, though hedging, fares and cost cuts are expected to limit the impact to around 60 billion yen. It said it is considering introducing a domestic fuel surcharge in the financial year from April 2027.
ASIANA AIRLINES 020560.KS
The South Korean airline will slash 22 flights between April and July due to the fuel cost increase, Newsis reported.
CEBU AIR CEB.PS
The Philippines-based airline said the sharp rise in fuel prices was a key concern and it would continue to review its pricing and network strategies to mitigate the impact.
DELTA AIR LINES DAL.N
Delta said it would cut capacity by around 3.5 percentage points from its original plan and raise fees for checked bags in an attempt to offset soaring jet fuel costs, with an increase of $10 on first and second checked bags and a $50 increase on the third.
The U.S. airline pulled all planned capacity growth for the current quarter and forecast profit below Wall Street expectations.
EASYJET EZJ.L
EasyJet warned of a bigger half-year pre-tax loss of between 540 million and 560 million pounds ($732 million and $759 million), including 25 million pounds in extra fuel costs in March.
FRONTIER AIRLINES ULCC.O
A group of U.S. budget airlines including Frontier has pitched a $2.5 billion relief plan to the U.S. government, the Wall Street Journal reported. The figure is based on how much more the group expects to pay for jet fuel this year compared to earlier forecasts, the report said.
The carrier has said it is reviewing its full-year forecast as fuel prices have increased significantly since it issued it.
GREATER BAY AIRLINES
The Hong Kong-based company said it would raise fuel surcharges on most routes from April 1, while keeping them unchanged on mainland China and Japan routes.
HONG KONG AIRLINES
The airline said it would raise fuel surcharges by up to 35% from March 12, with the sharpest increase on flights between Hong Kong and the Maldives, Bangladesh and Nepal, where charges would rise to HK$384 from HK$284.
IAG ICAG.L
British Airways-owner IAG said it would raise ticket prices to reflect higher jet fuel costs, as, despite its fuel hedges, it was "not immune" to the broader fallout from fuel cost volatility.
INDIGO INGL.NS
India's biggest airline said it would introduce fuel charges on domestic and international flights from March 14, including a charge of 900 rupees for flights to the Middle East and a charge of 2,300 rupees for flights to Europe.
JETBLUE AIRWAYS JBLU.O
JetBlue said it would slow hiring, cut capacity and hike fares to soften the impact of soaring jet fuel costs, and its CEO Joanna Geraghty said on an earnings call the airline suspended its full-year outlook.
KOREAN AIR
The South Korean carrier will enter emergency management mode from April, as rising oil prices weigh on costs, a source with knowledge of the matter told Reuters.
LATAM AIRLINES LTM.SN
The Chile-based carrier cut its 2026 core earnings forecast after higher jet fuel prices drove up costs.
LUFTHANSA LHAG.DE
The German airline group said it would face a 1.7 billion euro hit from jet fuel prices in 2026.
Its subsidiary ITA Airways said it would raise ticket prices between 5% and 10% in 2026 to compensate for the rising fuel costs.
In April, the group unveiled a new "Economy Basic" low-cost fare option for short- and medium-haul flights, which will limit free carry-on bags to only a "laptop bag or a small backpack".
The group previously said 20,000 short-haul flights would be removed from its schedule through October, equivalent to about 40,000 metric tons of jet fuel.
PAKISTAN INTERNATIONAL AIRLINES
The carrier said it would raise domestic flight fares by $20 and international fares by up to $100, citing higher fuel surcharges.
QANTAS AIRWAYS QAN.AX
Australia's Qantas said it had delayed a planned A$150 million ($108 million) buyback and was raising its estimated fuel bill for the second half of 2026 to A$3.1 billion-A$3.3 billion, from a previous A$2.5 billion forecast.
SAS
The Scandinavian airline said it would cancel 1,000 flights in April because of high oil and jet fuel prices, after cancelling a "couple hundred" flights in March.
SPIRIT AIRLINES
The U.S. low-cost carrier shut down abruptly after collapsing under financial pressures, including the sharp rise in fuel costs due to the Iran war.
SPRING AIRLINES 601021.SS
The budget Chinese airline said it would raise fuel surcharges on domestic flights from April 5, with details to be announced later.
SOUTHWEST AIRLINES LUV.N
The U.S. carrier forecast second-quarter profit below market expectations and its CEO warned the jet fuel spike would be a billion-dollar headwind for the airline in the quarter.
It had previously hiked checked baggage fees by $10 for the first and second bags, raising costs to $45 for the first bag and $55 for the second.
TAP
The Portuguese airline said its price hikes would partially mitigate the impact of fuel price changes on its revenue.
THAI AIRASIA
The Thai low-cost carrier said it would reduce overall seat capacity by an average of 30% between May and June to mitigate the impact of aviation fuel prices and softening demand.
THAI AIRWAYS THAI.BK
The Thailand-based carrier said it would raise fares by 10% to 15% to address rising fuel costs.
TUI TUI1n.DE
The European airline and tour operator cut its full-year underlying profit outlook and suspended revenue guidance, saying it had incurred about 40 million euros in extra costs due to the war in March, including repatriation efforts and operational disruptions.
TURKISH AIRLINES THYAO.IS, LUFTHANSA LHAG.DE
SunExpress, a joint venture between Turkish Airlines and Lufthansa, said it would impose a temporary fuel surcharge of 10 euros per passenger on routes between Turkey and mainland Europe. The surcharge will apply to bookings made on or after April 1 for departures on or after May 1.
Turkish Airlines said on April 10 it had decided not to distribute any dividend from its 2025 net profit, opting to retain earnings to preserve cash.
T'WAY AIR 091810.KS
The South Korean low-cost carrier said it planned to furlough some of its cabin crew without pay in May and June as part of measures to address the impact of the war.
UNITED AIRLINES UAL.O
The U.S. airline's CEO Scott Kirby said ticket prices may need to rise by as much as 15% to 20% to offset a surge in jet fuel costs. The company already instated five fare increases late in the first quarter, along with higher baggage fees, which it said have started to offset rising fuel costs.
The carrier also forecast second-quarter and full-year profits below Wall Street estimates and said it expected to recover only 40-50% of the increase in fuel prices through fares and other revenue measures in the second quarter, improving to 70-80% in the third and to as much as 85-100% by the fourth.
VIETJET VJC.HM
The Vietnamese budget airline said it had adjusted flight frequency on selected routes due to potential fuel shortages.
VIETNAM AIRLINES HVN.HM
The carrier plans to cancel 23 flights per week across domestic routes from April, Vietnam's aviation authority said, after the airline requested government assistance to remove an environmental tax on jet fuel.
VIRGIN ATLANTIC
The airline is adding fuel surcharges to fares but will still struggle to return to profitability this year, its CEO Corneel Koster told the Financial Times.
VIRGIN AUSTRALIA VGN.AX
Virgin Australia said it expected an increase in jet fuel cost of around A$30 million-A$40 million for the second half of this fiscal year, and a 1% reduction in capacity in the fourth quarter.
VOLOTEA
The Spanish low-cost airline introduced a new pricing policy linking ticket prices to fuel costs, which could potentially add a post-purchase surcharge of up to 14 euros per passenger, per flight.
WESTJET
The Canadian airline has cut seat capacity for June, the Globe and Mail reported. The Canadian Press previously reported that the carrier would add a C$60 ($44) fuel surcharge to some bookings and combine flights as costs soar.
($1 = 157.1700 yen/6.8300 Chinese yuan renminbi/0.8539 euros/95.0875 Indian rupees/0.7378 pounds/1.3910 Australian dollars/1.3601 Canadian dollars)
(Reporting by Aishwarya Jain, Bernadette Hogg, Dimitri Rhodes, Mireia Merino and Marleen Kaesebier; Editing by Matt Scuffham, Milla Nissi-Prussak, Leroy Leo, Hugh Lawson and Nick Zieminski)
Incident Involving Customer's Electronic Equipment Catching Fire Reported On Indigo Flight, Says Indigo Spokesperson
May 5 (Reuters) - Interglobe Aviation Ltd INGL.NS:
AN INCIDENT INVOLVING CUSTOMER'S ELECTRONIC EQUIPMENT CATCHING FIRE WAS REPORTED ON INDIGO FLIGHT FROM HYDERABAD TO CHANDIGARH - INDIGO SPOKESPERSON
AIRCRAFT WILL UNDERGO NECESSARY CHECKS BEFORE RESUMING OPERATIONS - INDIGO SPOKESPERSON
Further company coverage: INGL.NS
(([email protected];))
May 5 (Reuters) - Interglobe Aviation Ltd INGL.NS:
AN INCIDENT INVOLVING CUSTOMER'S ELECTRONIC EQUIPMENT CATCHING FIRE WAS REPORTED ON INDIGO FLIGHT FROM HYDERABAD TO CHANDIGARH - INDIGO SPOKESPERSON
AIRCRAFT WILL UNDERGO NECESSARY CHECKS BEFORE RESUMING OPERATIONS - INDIGO SPOKESPERSON
Further company coverage: INGL.NS
(([email protected];))
FACTBOX-Airlines tackle fuel cost surge with price hikes, outlook cuts
Updates Air France-KLM, Air Canada, China Eastern Airlines, JetBlue, Spirit; adds ANA, Air China, China Southern Airlines, Thai AirAsia.
May 4 (Reuters) - A surge in jet fuel prices from $85-$90 to $150-$200 per barrel amid the U.S.-Israeli war on Iran has blindsided the aviation industry, where fuel accounts for up to a quarter of operating expenses, forcing airlines to raise fares and revise their financial outlooks.
Below is a list of how airlines are responding, in alphabetical order:
AEGEAN AIRLINES AGNr.AT
The Greek airline expects suspended Middle East flights and a spike in fuel prices to have a "notable impact" on its first-quarter results.
AIRASIA X AIRX.KL
The Malaysian airline's executives said the company had cut 10% of flights across the group, with a surcharge of about 20% on fuel in general.
AIR CANADA AC.TO
Canada's largest carrier has suspended its full-year guidance due to jet fuel price volatility.
The company had previously announced plans to trim four of its 38 daily flights to New York due to higher fuel prices.
AIR CHINA 601111.SS, CHINA SOUTHERN AIRLINES 600029.SS, CHINA EASTERN AIRLINES 600115.SS
China's 'big three' airlines have lifted surcharges on domestic routes to 60 yuan ($8.78) for flights under 800 km and 120 yuan for those over 800 km, from 10 yuan and 20 yuan, respectively.
AIR FRANCE-KLM AIRF.PA
The airline group said it expected a $2.4 billion increase in its fuel bill this year and downgraded its capacity outlook to an increase of 2% to 4% from 2025. It previously expected an increase of 3% to 5%.
The group previously announced plans to increase long-haul ticket prices to address surging fuel costs, with cabin fares set to rise by 50 euros ($59) per round trip.
The group's Dutch arm KLM said on April 16 it would cancel 160 flights in Europe in the coming month due to rising fuel costs.
AIR INDIA
The Indian carrier said it would revise its fuel surcharge from a flat domestic surcharge to a distance-based grid. It said surcharges on international routes did not compensate for the exponential rise in fuel prices.
AIR NEW ZEALAND AIR.NZ
The airline said on April 7 it would slash flights through May and June and hike fares, having been one of the first to announce broad increases to ticket prices when the conflict broke out. It also suspended its full-year earnings forecast due to fuel market volatility.
AIR TRANSAT TRZ.TO
The Canadian airline said it would reduce planned capacity by 6% from May until October this year, with cuts expected on routes to Europe and the Caribbean and its service to Cuba remaining suspended until October.
AKASA AIR
India's Akasa Air said it was introducing a fuel surcharge ranging between 199 and 1,300 Indian rupees ($2 to $14) on domestic and international flights.
ALASKA AIR ALK.N
The carrier withdrew its full-year profit forecast and warned of a steep hit to second-quarter earnings as the sharp rise in fuel prices puts pressure on margins. It has also trimmed capacity in some markets.
AMERICAN AIRLINES AAL.O
The U.S. carrier slashed its 2026 profit forecast, pushing the lower end of expectations to a loss, and said it expected its jet fuel bill to increase by more than $4 billion this year.
It has hiked checked baggage fees by $10 each for the first and second bags and by $150 for the third bag on domestic and short-haul international flights, and trimmed certain benefits for economy passengers.
ANA 9202.T
The Japanese airline said higher fuel prices would lift costs by about 140 billion yen ($890 million) this year, though hedging, fares and cost cuts are expected to limit the impact to around 60 billion yen. It said it is considering introducing a domestic fuel surcharge in the financial year from April 2027.
ASIANA AIRLINES 020560.KS
The South Korean airline will slash 22 flights between April and July due to the fuel cost increase, Newsis reported.
CEBU AIR CEB.PS
The Philippines-based airline said the sharp rise in fuel prices was a key concern and it would continue to review its pricing and network strategies to mitigate the impact.
DELTA AIR LINES DAL.N
Delta said it would cut capacity by around 3.5 percentage points from its original plan and raise fees for checked bags in an attempt to offset soaring jet fuel costs, with an increase of $10 on first and second checked bags and a $50 increase on the third.
The U.S. airline pulled all planned capacity growth for the current quarter and forecast profit below Wall Street expectations.
EASYJET EZJ.L
EasyJet warned of a bigger half-year pre-tax loss of between 540 million and 560 million pounds ($732 million and $759 million), including 25 million pounds in extra fuel costs in March.
FRONTIER AIRLINES ULCC.O
A group of U.S. budget airlines including Frontier has pitched a $2.5 billion relief plan to the U.S. government, the Wall Street Journal reported. The figure is based on how much more the group expects to pay for jet fuel this year compared to earlier forecasts, the report said.
The carrier has said it is reviewing its full-year forecast as fuel prices have increased significantly since it issued it.
GREATER BAY AIRLINES
The Hong Kong-based company said it would raise fuel surcharges on most routes from April 1, while keeping them unchanged on mainland China and Japan routes.
HONG KONG AIRLINES
The airline said it would raise fuel surcharges by up to 35% from March 12, with the sharpest increase on flights between Hong Kong and the Maldives, Bangladesh and Nepal, where charges would rise to HK$384 from HK$284.
IAG ICAG.L
British Airways-owner IAG said it would raise ticket prices to reflect higher jet fuel costs, as, despite its fuel hedges, it was "not immune" to the broader fallout from fuel cost volatility.
INDIGO INGL.NS
India's biggest airline said it would introduce fuel charges on domestic and international flights from March 14, including a charge of 900 rupees for flights to the Middle East and a charge of 2,300 rupees for flights to Europe.
JETBLUE AIRWAYS JBLU.O
JetBlue said it would slow hiring, cut capacity and hike fares to soften the impact of soaring jet fuel costs, and its CEO Joanna Geraghty said on an earnings call the airline suspended its full-year outlook.
KOREAN AIR
The South Korean carrier will enter emergency management mode from April, as rising oil prices weigh on costs, a source with knowledge of the matter told Reuters.
LUFTHANSA LHAG.DE
The German airline group unveiled a new "Economy Basic" low-cost fare option for short- and medium-haul flights, which will limit free carry-on bags to only a "laptop bag or a small backpack".
The group previously said 20,000 short-haul flights would be removed from its schedule through October, equivalent to about 40,000 metric tons of jet fuel.
PAKISTAN INTERNATIONAL AIRLINES
The carrier said it would raise domestic flight fares by $20 and international fares by up to $100, citing higher fuel surcharges.
QANTAS AIRWAYS QAN.AX
Australia's Qantas said it had delayed a planned A$150 million ($108 million) buyback and was raising its estimated fuel bill for the second half of 2026 to A$3.1 billion-A$3.3 billion, from a previous A$2.5 billion forecast.
SAS
The Scandinavian airline said it would cancel 1,000 flights in April because of high oil and jet fuel prices, after cancelling a "couple hundred" flights in March.
SPIRIT AIRLINES
The U.S. low-cost carrier shut down abruptly after collapsing under financial pressures, including the sharp rise in fuel costs due to the Iran war.
SPRING AIRLINES 601021.SS
The budget Chinese airline said it would raise fuel surcharges on domestic flights from April 5, with details to be announced later.
SOUTHWEST AIRLINES LUV.N
The U.S. carrier forecast second-quarter profit below market expectations and its CEO warned the jet fuel spike would be a billion-dollar headwind for the airline in the quarter.
It had previously hiked checked baggage fees by $10 for the first and second bags, raising costs to $45 for the first bag and $55 for the second.
TAP
The Portuguese airline said its price hikes would partially mitigate the impact of fuel price changes on its revenue.
THAI AIRASIA
The Thai low-cost carrier said it would reduce overall seat capacity by an average of 30% between May and June to mitigate the impact of aviation fuel prices and softening demand.
THAI AIRWAYS THAI.BK
The Thailand-based carrier said it would raise fares by 10% to 15% to address rising fuel costs.
TUI TUI1n.DE
The European airline and tour operator cut its full-year underlying profit outlook and suspended revenue guidance, saying it had incurred about 40 million euros in extra costs due to the war in March, including repatriation efforts and operational disruptions.
TURKISH AIRLINES THYAO.IS, LUFTHANSA LHAG.DE
SunExpress, a joint venture between Turkish Airlines and Lufthansa, said it would impose a temporary fuel surcharge of 10 euros per passenger on routes between Turkey and mainland Europe. The surcharge will apply to bookings made on or after April 1 for departures on or after May 1.
Turkish Airlines said on April 10 it had decided not to distribute any dividend from its 2025 net profit, opting to retain earnings to preserve cash.
T'WAY AIR 091810.KS
The South Korean low-cost carrier said it planned to furlough some of its cabin crew without pay in May and June as part of measures to address the impact of the war.
UNITED AIRLINES UAL.O
The U.S. airline's CEO Scott Kirby said ticket prices may need to rise by as much as 15% to 20% to offset a surge in jet fuel costs. The company already instated five fare increases late in the first quarter, along with higher baggage fees, which it said have started to offset rising fuel costs.
The carrier also forecast second-quarter and full-year profits below Wall Street estimates and said it expected to recover only 40-50% of the increase in fuel prices through fares and other revenue measures in the second quarter, improving to 70-80% in the third and to as much as 85-100% by the fourth.
VIETJET VJC.HM
The Vietnamese budget airline said it had adjusted flight frequency on selected routes due to potential fuel shortages.
VIETNAM AIRLINES HVN.HM
The carrier plans to cancel 23 flights per week across domestic routes from April, Vietnam's aviation authority said, after the airline requested government assistance to remove an environmental tax on jet fuel.
VIRGIN ATLANTIC
The airline is adding fuel surcharges to fares but will still struggle to return to profitability this year, its CEO Corneel Koster told the Financial Times.
VIRGIN AUSTRALIA VGN.AX
Virgin Australia said it expected an increase in jet fuel cost of around A$30 million-A$40 million for the second half of this fiscal year, and a 1% reduction in capacity in the fourth quarter.
VOLOTEA
The Spanish low-cost airline introduced a new pricing policy linking ticket prices to fuel costs, which could potentially add a post-purchase surcharge of up to 14 euros per passenger, per flight.
WESTJET
The Canadian airline has cut seat capacity for June, the Globe and Mail reported. The Canadian Press previously reported that the carrier would add a C$60 ($44) fuel surcharge to some bookings and combine flights as costs soar.
($1 = 157.1700 yen/6.8300 Chinese yuan renminbi/0.8539 euros/95.0875 Indian rupees/0.7378 pounds/1.3910 Australian dollars/1.3601 Canadian dollars)
(Reporting by Aishwarya Jain, Bernadette Hogg, Dimitri Rhodes, Mireia Merino and Marleen Kaesebier; Editing by Matt Scuffham, Milla Nissi-Prussak, Leroy Leo and Hugh Lawson)
Updates Air France-KLM, Air Canada, China Eastern Airlines, JetBlue, Spirit; adds ANA, Air China, China Southern Airlines, Thai AirAsia.
May 4 (Reuters) - A surge in jet fuel prices from $85-$90 to $150-$200 per barrel amid the U.S.-Israeli war on Iran has blindsided the aviation industry, where fuel accounts for up to a quarter of operating expenses, forcing airlines to raise fares and revise their financial outlooks.
Below is a list of how airlines are responding, in alphabetical order:
AEGEAN AIRLINES AGNr.AT
The Greek airline expects suspended Middle East flights and a spike in fuel prices to have a "notable impact" on its first-quarter results.
AIRASIA X AIRX.KL
The Malaysian airline's executives said the company had cut 10% of flights across the group, with a surcharge of about 20% on fuel in general.
AIR CANADA AC.TO
Canada's largest carrier has suspended its full-year guidance due to jet fuel price volatility.
The company had previously announced plans to trim four of its 38 daily flights to New York due to higher fuel prices.
AIR CHINA 601111.SS, CHINA SOUTHERN AIRLINES 600029.SS, CHINA EASTERN AIRLINES 600115.SS
China's 'big three' airlines have lifted surcharges on domestic routes to 60 yuan ($8.78) for flights under 800 km and 120 yuan for those over 800 km, from 10 yuan and 20 yuan, respectively.
AIR FRANCE-KLM AIRF.PA
The airline group said it expected a $2.4 billion increase in its fuel bill this year and downgraded its capacity outlook to an increase of 2% to 4% from 2025. It previously expected an increase of 3% to 5%.
The group previously announced plans to increase long-haul ticket prices to address surging fuel costs, with cabin fares set to rise by 50 euros ($59) per round trip.
The group's Dutch arm KLM said on April 16 it would cancel 160 flights in Europe in the coming month due to rising fuel costs.
AIR INDIA
The Indian carrier said it would revise its fuel surcharge from a flat domestic surcharge to a distance-based grid. It said surcharges on international routes did not compensate for the exponential rise in fuel prices.
AIR NEW ZEALAND AIR.NZ
The airline said on April 7 it would slash flights through May and June and hike fares, having been one of the first to announce broad increases to ticket prices when the conflict broke out. It also suspended its full-year earnings forecast due to fuel market volatility.
AIR TRANSAT TRZ.TO
The Canadian airline said it would reduce planned capacity by 6% from May until October this year, with cuts expected on routes to Europe and the Caribbean and its service to Cuba remaining suspended until October.
AKASA AIR
India's Akasa Air said it was introducing a fuel surcharge ranging between 199 and 1,300 Indian rupees ($2 to $14) on domestic and international flights.
ALASKA AIR ALK.N
The carrier withdrew its full-year profit forecast and warned of a steep hit to second-quarter earnings as the sharp rise in fuel prices puts pressure on margins. It has also trimmed capacity in some markets.
AMERICAN AIRLINES AAL.O
The U.S. carrier slashed its 2026 profit forecast, pushing the lower end of expectations to a loss, and said it expected its jet fuel bill to increase by more than $4 billion this year.
It has hiked checked baggage fees by $10 each for the first and second bags and by $150 for the third bag on domestic and short-haul international flights, and trimmed certain benefits for economy passengers.
ANA 9202.T
The Japanese airline said higher fuel prices would lift costs by about 140 billion yen ($890 million) this year, though hedging, fares and cost cuts are expected to limit the impact to around 60 billion yen. It said it is considering introducing a domestic fuel surcharge in the financial year from April 2027.
ASIANA AIRLINES 020560.KS
The South Korean airline will slash 22 flights between April and July due to the fuel cost increase, Newsis reported.
CEBU AIR CEB.PS
The Philippines-based airline said the sharp rise in fuel prices was a key concern and it would continue to review its pricing and network strategies to mitigate the impact.
DELTA AIR LINES DAL.N
Delta said it would cut capacity by around 3.5 percentage points from its original plan and raise fees for checked bags in an attempt to offset soaring jet fuel costs, with an increase of $10 on first and second checked bags and a $50 increase on the third.
The U.S. airline pulled all planned capacity growth for the current quarter and forecast profit below Wall Street expectations.
EASYJET EZJ.L
EasyJet warned of a bigger half-year pre-tax loss of between 540 million and 560 million pounds ($732 million and $759 million), including 25 million pounds in extra fuel costs in March.
FRONTIER AIRLINES ULCC.O
A group of U.S. budget airlines including Frontier has pitched a $2.5 billion relief plan to the U.S. government, the Wall Street Journal reported. The figure is based on how much more the group expects to pay for jet fuel this year compared to earlier forecasts, the report said.
The carrier has said it is reviewing its full-year forecast as fuel prices have increased significantly since it issued it.
GREATER BAY AIRLINES
The Hong Kong-based company said it would raise fuel surcharges on most routes from April 1, while keeping them unchanged on mainland China and Japan routes.
HONG KONG AIRLINES
The airline said it would raise fuel surcharges by up to 35% from March 12, with the sharpest increase on flights between Hong Kong and the Maldives, Bangladesh and Nepal, where charges would rise to HK$384 from HK$284.
IAG ICAG.L
British Airways-owner IAG said it would raise ticket prices to reflect higher jet fuel costs, as, despite its fuel hedges, it was "not immune" to the broader fallout from fuel cost volatility.
INDIGO INGL.NS
India's biggest airline said it would introduce fuel charges on domestic and international flights from March 14, including a charge of 900 rupees for flights to the Middle East and a charge of 2,300 rupees for flights to Europe.
JETBLUE AIRWAYS JBLU.O
JetBlue said it would slow hiring, cut capacity and hike fares to soften the impact of soaring jet fuel costs, and its CEO Joanna Geraghty said on an earnings call the airline suspended its full-year outlook.
KOREAN AIR
The South Korean carrier will enter emergency management mode from April, as rising oil prices weigh on costs, a source with knowledge of the matter told Reuters.
LUFTHANSA LHAG.DE
The German airline group unveiled a new "Economy Basic" low-cost fare option for short- and medium-haul flights, which will limit free carry-on bags to only a "laptop bag or a small backpack".
The group previously said 20,000 short-haul flights would be removed from its schedule through October, equivalent to about 40,000 metric tons of jet fuel.
PAKISTAN INTERNATIONAL AIRLINES
The carrier said it would raise domestic flight fares by $20 and international fares by up to $100, citing higher fuel surcharges.
QANTAS AIRWAYS QAN.AX
Australia's Qantas said it had delayed a planned A$150 million ($108 million) buyback and was raising its estimated fuel bill for the second half of 2026 to A$3.1 billion-A$3.3 billion, from a previous A$2.5 billion forecast.
SAS
The Scandinavian airline said it would cancel 1,000 flights in April because of high oil and jet fuel prices, after cancelling a "couple hundred" flights in March.
SPIRIT AIRLINES
The U.S. low-cost carrier shut down abruptly after collapsing under financial pressures, including the sharp rise in fuel costs due to the Iran war.
SPRING AIRLINES 601021.SS
The budget Chinese airline said it would raise fuel surcharges on domestic flights from April 5, with details to be announced later.
SOUTHWEST AIRLINES LUV.N
The U.S. carrier forecast second-quarter profit below market expectations and its CEO warned the jet fuel spike would be a billion-dollar headwind for the airline in the quarter.
It had previously hiked checked baggage fees by $10 for the first and second bags, raising costs to $45 for the first bag and $55 for the second.
TAP
The Portuguese airline said its price hikes would partially mitigate the impact of fuel price changes on its revenue.
THAI AIRASIA
The Thai low-cost carrier said it would reduce overall seat capacity by an average of 30% between May and June to mitigate the impact of aviation fuel prices and softening demand.
THAI AIRWAYS THAI.BK
The Thailand-based carrier said it would raise fares by 10% to 15% to address rising fuel costs.
TUI TUI1n.DE
The European airline and tour operator cut its full-year underlying profit outlook and suspended revenue guidance, saying it had incurred about 40 million euros in extra costs due to the war in March, including repatriation efforts and operational disruptions.
TURKISH AIRLINES THYAO.IS, LUFTHANSA LHAG.DE
SunExpress, a joint venture between Turkish Airlines and Lufthansa, said it would impose a temporary fuel surcharge of 10 euros per passenger on routes between Turkey and mainland Europe. The surcharge will apply to bookings made on or after April 1 for departures on or after May 1.
Turkish Airlines said on April 10 it had decided not to distribute any dividend from its 2025 net profit, opting to retain earnings to preserve cash.
T'WAY AIR 091810.KS
The South Korean low-cost carrier said it planned to furlough some of its cabin crew without pay in May and June as part of measures to address the impact of the war.
UNITED AIRLINES UAL.O
The U.S. airline's CEO Scott Kirby said ticket prices may need to rise by as much as 15% to 20% to offset a surge in jet fuel costs. The company already instated five fare increases late in the first quarter, along with higher baggage fees, which it said have started to offset rising fuel costs.
The carrier also forecast second-quarter and full-year profits below Wall Street estimates and said it expected to recover only 40-50% of the increase in fuel prices through fares and other revenue measures in the second quarter, improving to 70-80% in the third and to as much as 85-100% by the fourth.
VIETJET VJC.HM
The Vietnamese budget airline said it had adjusted flight frequency on selected routes due to potential fuel shortages.
VIETNAM AIRLINES HVN.HM
The carrier plans to cancel 23 flights per week across domestic routes from April, Vietnam's aviation authority said, after the airline requested government assistance to remove an environmental tax on jet fuel.
VIRGIN ATLANTIC
The airline is adding fuel surcharges to fares but will still struggle to return to profitability this year, its CEO Corneel Koster told the Financial Times.
VIRGIN AUSTRALIA VGN.AX
Virgin Australia said it expected an increase in jet fuel cost of around A$30 million-A$40 million for the second half of this fiscal year, and a 1% reduction in capacity in the fourth quarter.
VOLOTEA
The Spanish low-cost airline introduced a new pricing policy linking ticket prices to fuel costs, which could potentially add a post-purchase surcharge of up to 14 euros per passenger, per flight.
WESTJET
The Canadian airline has cut seat capacity for June, the Globe and Mail reported. The Canadian Press previously reported that the carrier would add a C$60 ($44) fuel surcharge to some bookings and combine flights as costs soar.
($1 = 157.1700 yen/6.8300 Chinese yuan renminbi/0.8539 euros/95.0875 Indian rupees/0.7378 pounds/1.3910 Australian dollars/1.3601 Canadian dollars)
(Reporting by Aishwarya Jain, Bernadette Hogg, Dimitri Rhodes, Mireia Merino and Marleen Kaesebier; Editing by Matt Scuffham, Milla Nissi-Prussak, Leroy Leo and Hugh Lawson)
FACTBOX-Airlines cancel flights amid Middle East conflict
Updates Aegean, KLM under Air France-KLM
April 30 (Reuters) - Middle Eastern carriers have ramped up capacity in recent weeks after severe disruption from the U.S.-Israeli war with Iran, while airlines outside the Gulf continue to reroute flights between Europe and Asia away from major hubs in the region.
Below is the latest on flights, in alphabetical order:
AEGEAN AIRLINES AGNr.AT
Greece's largest carrier resumed flights to Tel Aviv from Athens on April 28, and will resume flights to Tel Aviv from Heraklion, Rhodes and Larnaca on May 21. Flights from Thessaloniki to Tel Aviv are cancelled until June 26.
The airline will resume flights to Beirut on May 12 and to Riyadh and Amman on May 21. Flights to Dubai are cancelled until June 29, and to Erbil and Baghdad until July 2.
AIRBALTIC
Latvia's airBaltic says flights to Tel Aviv have been cancelled until June 28. Flights to Dubai are cancelled until October 24.
AIR CANADA AC.TO
The Canadian carrier has cancelled flights to Tel Aviv and Dubai until September 7.
AIR EUROPA
The Spanish airline has cancelled flights to Tel Aviv until May 31.
AIR FRANCE-KLM AIRF.PA
Air France has suspended its Tel Aviv, Beirut, Dubai and Riyadh flights until May 10.
KLM has suspended flights to Riyadh and Dammam until June 14 and to Dubai until June 22.
CATHAY PACIFIC 0293.HK
The Hong Kong airline has suspended flights to Dubai and Riyadh until June 30 and cargo freighter services to Dubai and Riyadh until May 31. To cater for a surge in demand to Europe, it will operate extra passenger flights to London, Paris and Zurich in April. It plans to operate all scheduled flights beyond June.
DELTA DAL.N
The U.S. carrier has extended its suspension of services for the Atlanta-Tel Aviv route through November 30 and plans to resume New York-JFK to Tel Aviv on September 6. It said the launch of its Boston-Tel Aviv route, planned for late October, has been delayed until further notice.
EL AL ISRAEL AIRLINES ELAL.TA
The Israeli carrier said it is continuing to gradually expand operations, and from April 27 will operate flights to about 40 active gateways. All flights to Dubai are cancelled until May 31.
EMIRATES
The UAE airline has said it is operating a reduced flight schedule, flying to more than 100 destinations.
ETIHAD AIRWAYS
The United Arab Emirates carrier said it is operating a commercial flight schedule between Abu Dhabi and around 80 destinations.
FINNAIR FIA1S.HE
The Finnish carrier has cancelled its Doha flights until July 2, while continuing to avoid the airspace of Iraq, Iran, Syria and Israel. The airline only restarts its Dubai flights in October.
IAG ICAG.L
IAG-owned British Airways is reducing flights to the Middle East when services resume, permanently dropping Jeddah as a destination, while adding capacity to India and Africa.
It plans to reduce services to Dubai, Doha and Tel Aviv to one daily flight from July 1, and to cut Riyadh services from two daily flights to one from mid‑May. Changes apply through the summer season that ends on October 24, with one Dubai service restarting on October 16.
IAG's Spanish low-cost airline Iberia Express has cancelled flights to Tel Aviv through May 31.
JAPAN AIRLINES 9201.T
Japan Airlines has suspended scheduled Tokyo-Doha flights until May 31 and Doha-Tokyo flights until June 1.
LOT
The Polish airline suspended its flights to Tel Aviv until May 31. It also cancelled flights to Riyadh until June 30 and to Beirut from March 31 to May 30. The airline plans to operate its winter route to Dubai in October.
LUFTHANSA GROUP LHAG.DE
Lufthansa, Swiss, Austrian Airlines, Brussels Airlines and Edelweiss have suspended flights to Dubai and Tel Aviv until May 31. Flights to Abu Dhabi, Amman, Beirut, Dammam, Riyadh, Erbil, Muscat and Tehran are suspended until October 24.
Low-cost carrier Eurowings suspended flights to Tel Aviv until May 11, to Beirut and Erbil until May 14 and to Dubai, Abu Dhabi and Amman until October 24.
ITA Airways extended the suspension of flights to Tel Aviv, Riyadh and Dubai until May 31.
MALAYSIA AIRLINES
The Malaysian carrier suspended flights to Doha until June 14.
NORWEGIAN AIR NAS.OL
The low-cost airline has pushed back planned launches of its Tel Aviv and Beirut services to June 15.
PEGASUS PGSUS.IS
Turkey's Pegasus Airlines cancelled its Iran, Iraq, Amman, Beirut, Kuwait, Bahrain, Doha, Dammam, Riyadh, Dubai, Abu Dhabi and Sharjah flights until June 1.
QANTAS QAN.AX
Australia's flag carrier is adding flights to Rome and Paris to meet an upswing in demand for European routes. Flights to Paris will increase to five return flights per week from three and the Perth-Singapore service will increase from daily to 10 flights per week. An updated schedule will come into effect progressively for flights from mid-April and run until late July.
QATAR AIRWAYS
Qatar Airways will restart daily flights to Damascus, Bahrain and Kozhikode from May 1. The carrier said it is expanding its international flight network to over 150 destinations from June 16.
ROYAL AIR MAROC
The Moroccan carrier said flights to Doha were cancelled until June 30 and those to Dubai until May 31.
SINGAPORE AIRLINES SIAL.SI
The carrier extended its Singapore-Dubai flight suspension until May 31, while adding services on the Singapore-London Gatwick and Singapore-Melbourne routes from late March until October 24 to meet higher demand.
TURKISH AIRLINES THYAO.IS
SunExpress, Turkish Airlines' joint venture with Lufthansa, has cancelled flights to Dubai until May 21.
WIZZ AIR WIZZ.L
The low-cost airline is delaying the return of flights to Israel until May 4, and is suspending flights to Dubai, Abu Dhabi and Amman from mainland European destinations until mid-September. All flights to Medina have been suspended indefinitely.
(Compiled by Josephine Mason, Jamie Freed, Elviira Luoma, Tiago Brandao, Agnieszka Olenska, Bernadette Hogg, Boleslaw Lasocki and Romolo Tosiani. Editing by Rod Nickel, Lisa Shumaker, Jonathan Ananda and Matt Scuffham)
(([email protected];))
Updates Aegean, KLM under Air France-KLM
April 30 (Reuters) - Middle Eastern carriers have ramped up capacity in recent weeks after severe disruption from the U.S.-Israeli war with Iran, while airlines outside the Gulf continue to reroute flights between Europe and Asia away from major hubs in the region.
Below is the latest on flights, in alphabetical order:
AEGEAN AIRLINES AGNr.AT
Greece's largest carrier resumed flights to Tel Aviv from Athens on April 28, and will resume flights to Tel Aviv from Heraklion, Rhodes and Larnaca on May 21. Flights from Thessaloniki to Tel Aviv are cancelled until June 26.
The airline will resume flights to Beirut on May 12 and to Riyadh and Amman on May 21. Flights to Dubai are cancelled until June 29, and to Erbil and Baghdad until July 2.
AIRBALTIC
Latvia's airBaltic says flights to Tel Aviv have been cancelled until June 28. Flights to Dubai are cancelled until October 24.
AIR CANADA AC.TO
The Canadian carrier has cancelled flights to Tel Aviv and Dubai until September 7.
AIR EUROPA
The Spanish airline has cancelled flights to Tel Aviv until May 31.
AIR FRANCE-KLM AIRF.PA
Air France has suspended its Tel Aviv, Beirut, Dubai and Riyadh flights until May 10.
KLM has suspended flights to Riyadh and Dammam until June 14 and to Dubai until June 22.
CATHAY PACIFIC 0293.HK
The Hong Kong airline has suspended flights to Dubai and Riyadh until June 30 and cargo freighter services to Dubai and Riyadh until May 31. To cater for a surge in demand to Europe, it will operate extra passenger flights to London, Paris and Zurich in April. It plans to operate all scheduled flights beyond June.
DELTA DAL.N
The U.S. carrier has extended its suspension of services for the Atlanta-Tel Aviv route through November 30 and plans to resume New York-JFK to Tel Aviv on September 6. It said the launch of its Boston-Tel Aviv route, planned for late October, has been delayed until further notice.
EL AL ISRAEL AIRLINES ELAL.TA
The Israeli carrier said it is continuing to gradually expand operations, and from April 27 will operate flights to about 40 active gateways. All flights to Dubai are cancelled until May 31.
EMIRATES
The UAE airline has said it is operating a reduced flight schedule, flying to more than 100 destinations.
ETIHAD AIRWAYS
The United Arab Emirates carrier said it is operating a commercial flight schedule between Abu Dhabi and around 80 destinations.
FINNAIR FIA1S.HE
The Finnish carrier has cancelled its Doha flights until July 2, while continuing to avoid the airspace of Iraq, Iran, Syria and Israel. The airline only restarts its Dubai flights in October.
IAG ICAG.L
IAG-owned British Airways is reducing flights to the Middle East when services resume, permanently dropping Jeddah as a destination, while adding capacity to India and Africa.
It plans to reduce services to Dubai, Doha and Tel Aviv to one daily flight from July 1, and to cut Riyadh services from two daily flights to one from mid‑May. Changes apply through the summer season that ends on October 24, with one Dubai service restarting on October 16.
IAG's Spanish low-cost airline Iberia Express has cancelled flights to Tel Aviv through May 31.
JAPAN AIRLINES 9201.T
Japan Airlines has suspended scheduled Tokyo-Doha flights until May 31 and Doha-Tokyo flights until June 1.
LOT
The Polish airline suspended its flights to Tel Aviv until May 31. It also cancelled flights to Riyadh until June 30 and to Beirut from March 31 to May 30. The airline plans to operate its winter route to Dubai in October.
LUFTHANSA GROUP LHAG.DE
Lufthansa, Swiss, Austrian Airlines, Brussels Airlines and Edelweiss have suspended flights to Dubai and Tel Aviv until May 31. Flights to Abu Dhabi, Amman, Beirut, Dammam, Riyadh, Erbil, Muscat and Tehran are suspended until October 24.
Low-cost carrier Eurowings suspended flights to Tel Aviv until May 11, to Beirut and Erbil until May 14 and to Dubai, Abu Dhabi and Amman until October 24.
ITA Airways extended the suspension of flights to Tel Aviv, Riyadh and Dubai until May 31.
MALAYSIA AIRLINES
The Malaysian carrier suspended flights to Doha until June 14.
NORWEGIAN AIR NAS.OL
The low-cost airline has pushed back planned launches of its Tel Aviv and Beirut services to June 15.
PEGASUS PGSUS.IS
Turkey's Pegasus Airlines cancelled its Iran, Iraq, Amman, Beirut, Kuwait, Bahrain, Doha, Dammam, Riyadh, Dubai, Abu Dhabi and Sharjah flights until June 1.
QANTAS QAN.AX
Australia's flag carrier is adding flights to Rome and Paris to meet an upswing in demand for European routes. Flights to Paris will increase to five return flights per week from three and the Perth-Singapore service will increase from daily to 10 flights per week. An updated schedule will come into effect progressively for flights from mid-April and run until late July.
QATAR AIRWAYS
Qatar Airways will restart daily flights to Damascus, Bahrain and Kozhikode from May 1. The carrier said it is expanding its international flight network to over 150 destinations from June 16.
ROYAL AIR MAROC
The Moroccan carrier said flights to Doha were cancelled until June 30 and those to Dubai until May 31.
SINGAPORE AIRLINES SIAL.SI
The carrier extended its Singapore-Dubai flight suspension until May 31, while adding services on the Singapore-London Gatwick and Singapore-Melbourne routes from late March until October 24 to meet higher demand.
TURKISH AIRLINES THYAO.IS
SunExpress, Turkish Airlines' joint venture with Lufthansa, has cancelled flights to Dubai until May 21.
WIZZ AIR WIZZ.L
The low-cost airline is delaying the return of flights to Israel until May 4, and is suspending flights to Dubai, Abu Dhabi and Amman from mainland European destinations until mid-September. All flights to Medina have been suspended indefinitely.
(Compiled by Josephine Mason, Jamie Freed, Elviira Luoma, Tiago Brandao, Agnieszka Olenska, Bernadette Hogg, Boleslaw Lasocki and Romolo Tosiani. Editing by Rod Nickel, Lisa Shumaker, Jonathan Ananda and Matt Scuffham)
(([email protected];))
FACTBOX-Airlines cancel flights amid Middle East conflict
Updates Delta
April 29 (Reuters) - Middle Eastern carriers have ramped up capacity in recent weeks after severe disruption from the U.S.-Israeli war with Iran, while airlines outside the Gulf continue to reroute flights between Europe and Asia away from major hubs in the region.
Below is the latest on flights, in alphabetical order:
AEGEAN AIRLINES AGNr.AT
Greece's largest carrier will resume flights to Tel Aviv from Athens on April 28, from Heraklion on April 30 and from Rhodes and Larnaca on May 21. Flights from Thessaloniki to Tel Aviv are cancelled until June 26.
It will resume flights to Riyadh and Amman on May 21. Flights to Beirut are cancelled until June 26, to Dubai until June 29, and to Erbil and Baghdad until July 2.
AIRBALTIC
Latvia's airBaltic says flights to Tel Aviv have been cancelled until June 28. Flights to Dubai are cancelled until October 24.
AIR CANADA AC.TO
The Canadian carrier has cancelled flights to Tel Aviv and Dubai until September 7.
AIR EUROPA
The Spanish airline has cancelled flights to Tel Aviv until May 31.
AIR FRANCE-KLM AIRF.PA
Air France has suspended its Tel Aviv, Beirut, Dubai and Riyadh flights until May 10.
KLM has suspended flights to Riyadh, Dammam and Dubai until June 14.
CATHAY PACIFIC 0293.HK
The Hong Kong airline has suspended flights to Dubai and Riyadh until June 30 and cargo freighter services to Dubai and Riyadh until May 31. To cater for a surge in demand to Europe, it will operate extra passenger flights to London, Paris and Zurich in April. It plans to operate all scheduled flights beyond June.
DELTA DAL.N
The U.S. carrier has extended its suspension of services for the Atlanta-Tel Aviv route through November 30 and plans to resume New York-JFK to Tel Aviv on September 6.
It said the launch of its Boston-Tel Aviv route, planned for late October, has been delayed until further notice.
EL AL ISRAEL AIRLINES ELAL.TA
The Israeli carrier said it is continuing to gradually expand operations, and from April 27 will operate flights to about 40 active gateways. All flights to Dubai are cancelled until May 31.
EMIRATES
The UAE airline has said it is operating a reduced flight schedule, flying to more than 100 destinations.
ETIHAD AIRWAYS
The United Arab Emirates carrier said it is operating a commercial flight schedule between Abu Dhabi and around 80 destinations.
FINNAIR FIA1S.HE
The Finnish carrier has cancelled its Doha flights until July 2, while continuing to avoid the airspace of Iraq, Iran, Syria and Israel. The airline only restarts its Dubai flights in October.
IAG ICAG.L
IAG-owned British Airways is reducing flights to the Middle East when services resume, permanently dropping Jeddah as a destination, while adding capacity to India and Africa.
It plans to reduce services to Dubai, Doha and Tel Aviv to one daily flight from July 1, and to cut Riyadh services from two daily flights to one from mid‑May. Changes apply through the summer season that ends on October 24, with one Dubai service restarting on October 16.
IAG's Spanish low-cost airline Iberia Express has cancelled flights to Tel Aviv through May 31.
JAPAN AIRLINES 9201.T
Japan Airlines has suspended scheduled Tokyo-Doha flights until May 31 and Doha-Tokyo flights until June 1.
LOT
The Polish airline suspended its flights to Tel Aviv until May 31. It also cancelled flights to Riyadh until June 30 and to Beirut from March 31 to May 30. The airline plans to operate its winter route to Dubai in October.
LUFTHANSA GROUP LHAG.DE
Lufthansa, Swiss, Austrian Airlines, Brussels Airlines and Edelweiss have suspended flights to Dubai and Tel Aviv until May 31. Flights to Abu Dhabi, Amman, Beirut, Dammam, Riyadh, Erbil, Muscat and Tehran are suspended until October 24.
Low-cost carrier Eurowings suspended flights to Tel Aviv until May 11, to Beirut and Erbil until May 14 and to Dubai, Abu Dhabi and Amman until October 24.
ITA Airways extended the suspension of flights to Tel Aviv, Riyadh and Dubai until May 31.
MALAYSIA AIRLINES
The Malaysian carrier suspended flights to Doha until June 14.
NORWEGIAN AIR NAS.OL
The low-cost airline has pushed back planned launches of its Tel Aviv and Beirut services to June 15.
PEGASUS PGSUS.IS
Turkey's Pegasus Airlines cancelled its Iran, Iraq, Amman, Beirut, Kuwait, Bahrain, Doha, Dammam, Riyadh, Dubai, Abu Dhabi and Sharjah flights until June 1.
QANTAS QAN.AX
Australia's flag carrier is adding flights to Rome and Paris to meet an upswing in demand for European routes. Flights to Paris will increase to five return flights per week from three and the Perth-Singapore service will increase from daily to 10 flights per week. An updated schedule will come into effect progressively for flights from mid-April and run until late July.
QATAR AIRWAYS
The carrier will restart daily flights to Damascus, Bahrain and Kozhikode from May 1. Qatar Airways says it is expanding its international flight network to over 150 destinations from June 16.
ROYAL AIR MAROC
The Moroccan carrier said flights to Doha were cancelled until June 30 and those to Dubai until May 31.
SINGAPORE AIRLINES SIAL.SI
The carrier extended its Singapore-Dubai flight suspension until May 31, while adding services on the Singapore-London Gatwick and Singapore-Melbourne routes from late March until October 24 to meet higher demand.
TURKISH AIRLINES THYAO.IS
SunExpress, Turkish Airlines' joint venture with Lufthansa, has cancelled flights to Dubai until May 21.
WIZZ AIR WIZZ.L
The low-cost airline is delaying the return of flights to Israel until May 4, and is suspending flights to Dubai, Abu Dhabi and Amman from mainland European destinations until mid-September. All flights to Medina have been suspended indefinitely.
(Compiled by Josephine Mason, Jamie Freed, Elviira Luoma, Tiago Brandao, Agnieszka Olenska, Bernadette Hogg, Boleslaw Lasocki and Romolo Tosiani. Editing by Rod Nickel, Lisa Shumaker and Jonathan Ananda)
(([email protected];))
Updates Delta
April 29 (Reuters) - Middle Eastern carriers have ramped up capacity in recent weeks after severe disruption from the U.S.-Israeli war with Iran, while airlines outside the Gulf continue to reroute flights between Europe and Asia away from major hubs in the region.
Below is the latest on flights, in alphabetical order:
AEGEAN AIRLINES AGNr.AT
Greece's largest carrier will resume flights to Tel Aviv from Athens on April 28, from Heraklion on April 30 and from Rhodes and Larnaca on May 21. Flights from Thessaloniki to Tel Aviv are cancelled until June 26.
It will resume flights to Riyadh and Amman on May 21. Flights to Beirut are cancelled until June 26, to Dubai until June 29, and to Erbil and Baghdad until July 2.
AIRBALTIC
Latvia's airBaltic says flights to Tel Aviv have been cancelled until June 28. Flights to Dubai are cancelled until October 24.
AIR CANADA AC.TO
The Canadian carrier has cancelled flights to Tel Aviv and Dubai until September 7.
AIR EUROPA
The Spanish airline has cancelled flights to Tel Aviv until May 31.
AIR FRANCE-KLM AIRF.PA
Air France has suspended its Tel Aviv, Beirut, Dubai and Riyadh flights until May 10.
KLM has suspended flights to Riyadh, Dammam and Dubai until June 14.
CATHAY PACIFIC 0293.HK
The Hong Kong airline has suspended flights to Dubai and Riyadh until June 30 and cargo freighter services to Dubai and Riyadh until May 31. To cater for a surge in demand to Europe, it will operate extra passenger flights to London, Paris and Zurich in April. It plans to operate all scheduled flights beyond June.
DELTA DAL.N
The U.S. carrier has extended its suspension of services for the Atlanta-Tel Aviv route through November 30 and plans to resume New York-JFK to Tel Aviv on September 6.
It said the launch of its Boston-Tel Aviv route, planned for late October, has been delayed until further notice.
EL AL ISRAEL AIRLINES ELAL.TA
The Israeli carrier said it is continuing to gradually expand operations, and from April 27 will operate flights to about 40 active gateways. All flights to Dubai are cancelled until May 31.
EMIRATES
The UAE airline has said it is operating a reduced flight schedule, flying to more than 100 destinations.
ETIHAD AIRWAYS
The United Arab Emirates carrier said it is operating a commercial flight schedule between Abu Dhabi and around 80 destinations.
FINNAIR FIA1S.HE
The Finnish carrier has cancelled its Doha flights until July 2, while continuing to avoid the airspace of Iraq, Iran, Syria and Israel. The airline only restarts its Dubai flights in October.
IAG ICAG.L
IAG-owned British Airways is reducing flights to the Middle East when services resume, permanently dropping Jeddah as a destination, while adding capacity to India and Africa.
It plans to reduce services to Dubai, Doha and Tel Aviv to one daily flight from July 1, and to cut Riyadh services from two daily flights to one from mid‑May. Changes apply through the summer season that ends on October 24, with one Dubai service restarting on October 16.
IAG's Spanish low-cost airline Iberia Express has cancelled flights to Tel Aviv through May 31.
JAPAN AIRLINES 9201.T
Japan Airlines has suspended scheduled Tokyo-Doha flights until May 31 and Doha-Tokyo flights until June 1.
LOT
The Polish airline suspended its flights to Tel Aviv until May 31. It also cancelled flights to Riyadh until June 30 and to Beirut from March 31 to May 30. The airline plans to operate its winter route to Dubai in October.
LUFTHANSA GROUP LHAG.DE
Lufthansa, Swiss, Austrian Airlines, Brussels Airlines and Edelweiss have suspended flights to Dubai and Tel Aviv until May 31. Flights to Abu Dhabi, Amman, Beirut, Dammam, Riyadh, Erbil, Muscat and Tehran are suspended until October 24.
Low-cost carrier Eurowings suspended flights to Tel Aviv until May 11, to Beirut and Erbil until May 14 and to Dubai, Abu Dhabi and Amman until October 24.
ITA Airways extended the suspension of flights to Tel Aviv, Riyadh and Dubai until May 31.
MALAYSIA AIRLINES
The Malaysian carrier suspended flights to Doha until June 14.
NORWEGIAN AIR NAS.OL
The low-cost airline has pushed back planned launches of its Tel Aviv and Beirut services to June 15.
PEGASUS PGSUS.IS
Turkey's Pegasus Airlines cancelled its Iran, Iraq, Amman, Beirut, Kuwait, Bahrain, Doha, Dammam, Riyadh, Dubai, Abu Dhabi and Sharjah flights until June 1.
QANTAS QAN.AX
Australia's flag carrier is adding flights to Rome and Paris to meet an upswing in demand for European routes. Flights to Paris will increase to five return flights per week from three and the Perth-Singapore service will increase from daily to 10 flights per week. An updated schedule will come into effect progressively for flights from mid-April and run until late July.
QATAR AIRWAYS
The carrier will restart daily flights to Damascus, Bahrain and Kozhikode from May 1. Qatar Airways says it is expanding its international flight network to over 150 destinations from June 16.
ROYAL AIR MAROC
The Moroccan carrier said flights to Doha were cancelled until June 30 and those to Dubai until May 31.
SINGAPORE AIRLINES SIAL.SI
The carrier extended its Singapore-Dubai flight suspension until May 31, while adding services on the Singapore-London Gatwick and Singapore-Melbourne routes from late March until October 24 to meet higher demand.
TURKISH AIRLINES THYAO.IS
SunExpress, Turkish Airlines' joint venture with Lufthansa, has cancelled flights to Dubai until May 21.
WIZZ AIR WIZZ.L
The low-cost airline is delaying the return of flights to Israel until May 4, and is suspending flights to Dubai, Abu Dhabi and Amman from mainland European destinations until mid-September. All flights to Medina have been suspended indefinitely.
(Compiled by Josephine Mason, Jamie Freed, Elviira Luoma, Tiago Brandao, Agnieszka Olenska, Bernadette Hogg, Boleslaw Lasocki and Romolo Tosiani. Editing by Rod Nickel, Lisa Shumaker and Jonathan Ananda)
(([email protected];))
FACTBOX-Airlines cancel flights amid Middle East conflict
Updates Aegean, adds Kuwait Airways
April 24 (Reuters) - Global air travel remains severely disrupted, with many people unable to fly as planned after the Iran war forced the closure of major Middle Eastern hubs, including Dubai, Doha and Abu Dhabi.
Below is the latest on flights, in alphabetical order:
AEGEAN AIRLINES AGNr.AT
Greece's largest carrier will resume flights to Tel Aviv from Athens on April 28, from Heraklion on April 30 and from Rhodes and Larnaca on May 21. Flights from Thessaloniki to Tel Aviv are cancelled until June 26.
It will resume flights to Riyadh and Amman on May 21. Flights to Beirut are cancelled until June 26, to Dubai until June 29, and to Erbil and Baghdad until July 2.
AIRBALTIC
Latvia's airBaltic says flights to Tel Aviv have been cancelled until May 31. Flights to Dubai are cancelled until October 24.
AIR CANADA AC.TO
The Canadian carrier has cancelled flights to Tel Aviv and Dubai until September 7.
AIR EUROPA
The Spanish airline has cancelled flights to Tel Aviv until May 31.
AIR FRANCE-KLM AIRF.PA
Air France has suspended its Tel Aviv, Beirut, Dubai and Riyadh flights until May 3.
KLM has suspended flights to Riyadh, Dammam and Dubai until June 14.
CATHAY PACIFIC 0293.HK
The Hong Kong airline has suspended flights to Dubai and Riyadh until June 30 and cargo freighter services to Dubai and Riyadh until May 31. To cater for a surge in demand to Europe, it will operate extra passenger flights to London, Paris and Zurich in April. It plans to operate all scheduled flights beyond June.
DELTA DAL.N
The U.S. carrier has cancelled its New York-Tel Aviv flights and delayed the restart of its Atlanta-Tel Aviv route until September 5. It said the launch of its Boston-Tel Aviv route, planned for late October, has been delayed until further notice.
EL AL ISRAEL AIRLINES ELAL.TA
The Israeli carrier said it is continuing to gradually expand operations, and from April 27 will operate flights to about 40 active gateways. All flights to Dubai are cancelled until May 31.
EMIRATES
The UAE airline has said it is operating a reduced flight schedule, flying to more than 100 destinations.
ETIHAD AIRWAYS
The UAE carrier said it is operating a commercial flight schedule between Abu Dhabi and around 80 destinations.
FINNAIR FIA1S.HE
The Finnish carrier has cancelled its Doha flights until July 2, while continuing to avoid the airspace of Iraq, Iran, Syria and Israel. The airline only restarts its Dubai flights in October.
IAG ICAG.L
IAG-owned British Airways is reducing flights to the Middle East when services resume, permanently dropping Jeddah as a destination, while adding capacity to India and Africa.
It plans to reduce services to Dubai, Doha and Tel Aviv to one daily flight from July 1, and to cut Riyadh services from two daily flights to one from mid‑May. Changes apply through the summer season that ends on October 24, with one Dubai service restarting on October 16.
IAG's Spanish low-cost airline Iberia Express has cancelled flights to Tel Aviv through May 31.
KUWAIT AIRWAYS
The airline resumes flights to 17 destinations from Kuwait International Airport on April 26 after authorities reopened the country's airspace. Jazeera Airways, another Kuwaiti airline, restarts service to nine destinations from Kuwait after temporarily shifting operations to Saudi Arabia.
JAPAN AIRLINES 9201.T
Japan Airlines has suspended scheduled Tokyo-Doha flights until May 31 and Doha-Tokyo flights until June 1. The airline will also operate extra flights between Tokyo and London on April 25.
LOT
The Polish airline suspended its flights to Tel Aviv until May 31. It also cancelled flights to Riyadh until June 30 and to Beirut from March 31 to May 30. The airline plans to operate its winter route to Dubai in October.
LUFTHANSA GROUP LHAG.DE
Lufthansa, Swiss, Austrian Airlines, Brussels Airlines and Edelweiss have suspended flights to Dubai and Tel Aviv until May 31. Flights to Abu Dhabi, Amman, Beirut, Dammam, Riyadh, Erbil, Muscat and Tehran are suspended until October 24.
Low-cost carrier Eurowings suspended flights to Tel Aviv until May 11, to Beirut and Erbil until May 14 and to Dubai, Abu Dhabi and Amman until October 24.
ITA Airways extended the suspension of flights to Tel Aviv, Riyadh and Dubai until May 31.
MALAYSIA AIRLINES
The Malaysian carrier suspended flights to Doha until June 14.
NORWEGIAN AIR NAS.OL
The low-cost airline has pushed back planned launches of its Tel Aviv and Beirut services to June 15.
PEGASUS PGSUS.IS
Turkey's Pegasus Airlines cancelled its Iran, Iraq, Amman, Beirut, Kuwait, Bahrain, Doha, Dammam, Riyadh, Dubai, Abu Dhabi and Sharjah flights until June 1.
QANTAS QAN.AX
Australia's flag carrier is adding flights to Rome and Paris to meet an upswing in demand for European routes. Flights to Paris will increase to five return flights per week from three and the Perth-Singapore service will increase from daily to 10 flights per week. An updated schedule will come into effect progressively for flights from mid-April and run until late July.
QATAR AIRWAYS
The carrier resumed flights to Dubai and Sharjah from April 23 and will restart daily flights to Damascus from May 1.
ROYAL AIR MAROC
The Moroccan carrier said flights to Doha were cancelled until June 30 and those to Dubai until May 31.
SINGAPORE AIRLINES SIAL.SI
The carrier extended its Singapore-Dubai flight suspension until May 31, while adding services on the Singapore-London Gatwick and Singapore-Melbourne routes from late March until October 24 to meet higher demand.
TURKISH AIRLINES THYAO.IS
SunExpress, Turkish Airlines' joint venture with Lufthansa, has cancelled flights to Dubai until April 30.
WIZZ AIR WIZZ.L
The low-cost airline is delaying the return of flights to Israel until May 4, and is suspending flights to Dubai, Abu Dhabi and Amman from mainland European destinations until mid-September. All flights to Medina have been suspended indefinitely.
(Compiled by Josephine Mason, Jamie Freed, Elviira Luoma, Tiago Brandao, Agnieszka Olenska, Bernadette Hogg, Boleslaw Lasocki and Romolo Tosiani. Editing by Sumana Nandy, Joe Bavier, Mark Potter, Milla Nissi-Prussak, Susan Fenton, Rod Nickel)
(([email protected];))
Updates Aegean, adds Kuwait Airways
April 24 (Reuters) - Global air travel remains severely disrupted, with many people unable to fly as planned after the Iran war forced the closure of major Middle Eastern hubs, including Dubai, Doha and Abu Dhabi.
Below is the latest on flights, in alphabetical order:
AEGEAN AIRLINES AGNr.AT
Greece's largest carrier will resume flights to Tel Aviv from Athens on April 28, from Heraklion on April 30 and from Rhodes and Larnaca on May 21. Flights from Thessaloniki to Tel Aviv are cancelled until June 26.
It will resume flights to Riyadh and Amman on May 21. Flights to Beirut are cancelled until June 26, to Dubai until June 29, and to Erbil and Baghdad until July 2.
AIRBALTIC
Latvia's airBaltic says flights to Tel Aviv have been cancelled until May 31. Flights to Dubai are cancelled until October 24.
AIR CANADA AC.TO
The Canadian carrier has cancelled flights to Tel Aviv and Dubai until September 7.
AIR EUROPA
The Spanish airline has cancelled flights to Tel Aviv until May 31.
AIR FRANCE-KLM AIRF.PA
Air France has suspended its Tel Aviv, Beirut, Dubai and Riyadh flights until May 3.
KLM has suspended flights to Riyadh, Dammam and Dubai until June 14.
CATHAY PACIFIC 0293.HK
The Hong Kong airline has suspended flights to Dubai and Riyadh until June 30 and cargo freighter services to Dubai and Riyadh until May 31. To cater for a surge in demand to Europe, it will operate extra passenger flights to London, Paris and Zurich in April. It plans to operate all scheduled flights beyond June.
DELTA DAL.N
The U.S. carrier has cancelled its New York-Tel Aviv flights and delayed the restart of its Atlanta-Tel Aviv route until September 5. It said the launch of its Boston-Tel Aviv route, planned for late October, has been delayed until further notice.
EL AL ISRAEL AIRLINES ELAL.TA
The Israeli carrier said it is continuing to gradually expand operations, and from April 27 will operate flights to about 40 active gateways. All flights to Dubai are cancelled until May 31.
EMIRATES
The UAE airline has said it is operating a reduced flight schedule, flying to more than 100 destinations.
ETIHAD AIRWAYS
The UAE carrier said it is operating a commercial flight schedule between Abu Dhabi and around 80 destinations.
FINNAIR FIA1S.HE
The Finnish carrier has cancelled its Doha flights until July 2, while continuing to avoid the airspace of Iraq, Iran, Syria and Israel. The airline only restarts its Dubai flights in October.
IAG ICAG.L
IAG-owned British Airways is reducing flights to the Middle East when services resume, permanently dropping Jeddah as a destination, while adding capacity to India and Africa.
It plans to reduce services to Dubai, Doha and Tel Aviv to one daily flight from July 1, and to cut Riyadh services from two daily flights to one from mid‑May. Changes apply through the summer season that ends on October 24, with one Dubai service restarting on October 16.
IAG's Spanish low-cost airline Iberia Express has cancelled flights to Tel Aviv through May 31.
KUWAIT AIRWAYS
The airline resumes flights to 17 destinations from Kuwait International Airport on April 26 after authorities reopened the country's airspace. Jazeera Airways, another Kuwaiti airline, restarts service to nine destinations from Kuwait after temporarily shifting operations to Saudi Arabia.
JAPAN AIRLINES 9201.T
Japan Airlines has suspended scheduled Tokyo-Doha flights until May 31 and Doha-Tokyo flights until June 1. The airline will also operate extra flights between Tokyo and London on April 25.
LOT
The Polish airline suspended its flights to Tel Aviv until May 31. It also cancelled flights to Riyadh until June 30 and to Beirut from March 31 to May 30. The airline plans to operate its winter route to Dubai in October.
LUFTHANSA GROUP LHAG.DE
Lufthansa, Swiss, Austrian Airlines, Brussels Airlines and Edelweiss have suspended flights to Dubai and Tel Aviv until May 31. Flights to Abu Dhabi, Amman, Beirut, Dammam, Riyadh, Erbil, Muscat and Tehran are suspended until October 24.
Low-cost carrier Eurowings suspended flights to Tel Aviv until May 11, to Beirut and Erbil until May 14 and to Dubai, Abu Dhabi and Amman until October 24.
ITA Airways extended the suspension of flights to Tel Aviv, Riyadh and Dubai until May 31.
MALAYSIA AIRLINES
The Malaysian carrier suspended flights to Doha until June 14.
NORWEGIAN AIR NAS.OL
The low-cost airline has pushed back planned launches of its Tel Aviv and Beirut services to June 15.
PEGASUS PGSUS.IS
Turkey's Pegasus Airlines cancelled its Iran, Iraq, Amman, Beirut, Kuwait, Bahrain, Doha, Dammam, Riyadh, Dubai, Abu Dhabi and Sharjah flights until June 1.
QANTAS QAN.AX
Australia's flag carrier is adding flights to Rome and Paris to meet an upswing in demand for European routes. Flights to Paris will increase to five return flights per week from three and the Perth-Singapore service will increase from daily to 10 flights per week. An updated schedule will come into effect progressively for flights from mid-April and run until late July.
QATAR AIRWAYS
The carrier resumed flights to Dubai and Sharjah from April 23 and will restart daily flights to Damascus from May 1.
ROYAL AIR MAROC
The Moroccan carrier said flights to Doha were cancelled until June 30 and those to Dubai until May 31.
SINGAPORE AIRLINES SIAL.SI
The carrier extended its Singapore-Dubai flight suspension until May 31, while adding services on the Singapore-London Gatwick and Singapore-Melbourne routes from late March until October 24 to meet higher demand.
TURKISH AIRLINES THYAO.IS
SunExpress, Turkish Airlines' joint venture with Lufthansa, has cancelled flights to Dubai until April 30.
WIZZ AIR WIZZ.L
The low-cost airline is delaying the return of flights to Israel until May 4, and is suspending flights to Dubai, Abu Dhabi and Amman from mainland European destinations until mid-September. All flights to Medina have been suspended indefinitely.
(Compiled by Josephine Mason, Jamie Freed, Elviira Luoma, Tiago Brandao, Agnieszka Olenska, Bernadette Hogg, Boleslaw Lasocki and Romolo Tosiani. Editing by Sumana Nandy, Joe Bavier, Mark Potter, Milla Nissi-Prussak, Susan Fenton, Rod Nickel)
(([email protected];))
FACTBOX-Airlines cancel flights amid Middle East conflict
Updates Aegean, Lufthansa Group, Qatar Airways
April 23 (Reuters) - Global air travel remains severely disrupted, with many people unable to fly as planned to destinations after the Iran war forced the closure of major Middle Eastern hubs, including Dubai, Doha and Abu Dhabi.
Below is the latest on flights, in alphabetical order:
AEGEAN AIRLINES AGNr.AT
Greece's largest carrier will resume flights to Tel Aviv from Athens on April 28, from Heraklion on April 30, from Rhodes on May 3 and from Larnaca on May 21. Flights from Thessaloniki to Tel Aviv are cancelled until June 26.
It will resume flights to Riyadh and Amman on June 21. Flights to Beirut are cancelled until June 26, to Dubai until June 29, and to Erbil and Baghdad until July 2.
AIRBALTIC
Latvia's airBaltic says flights to Tel Aviv have been cancelled until May 31. Flights to Dubai are cancelled until October 24.
AIR CANADA AC.TO
The Canadian carrier has cancelled flights to Tel Aviv and Dubai until September 7.
AIR EUROPA
The Spanish airline has cancelled flights to Tel Aviv until May 31.
AIR FRANCE-KLM AIRF.PA
Air France has suspended its Tel Aviv, Beirut, Dubai and Riyadh flights until May 3.
KLM has suspended flights to Riyadh, Dammam and Dubai until June 14.
CATHAY PACIFIC 0293.HK
The Hong Kong airline has suspended flights to Dubai and Riyadh until June 30 and cargo freighter services to Dubai and Riyadh until May 31. To cater for a surge in demand to Europe, it will operate extra passenger flights to London, Paris and Zurich in April. It plans to operate all scheduled flights beyond June.
DELTA DAL.N
The U.S. carrier has cancelled its New York-Tel Aviv flights and delayed the restart of its Atlanta-Tel Aviv route until September 5. It said the launch of its Boston-Tel Aviv route, planned for late October, has been delayed until further notice.
EL AL ISRAEL AIRLINES ELAL.TA
The Israeli carrier said it is continuing to gradually expand operations, and from April 27 will operate flights to about 40 active gateways. All flights to Dubai are cancelled until May 31.
EMIRATES
The UAE airline has said it is operating a reduced flight schedule, flying to more than 100 destinations.
ETIHAD AIRWAYS
The UAE carrier said it is operating a commercial flight schedule between Abu Dhabi and around 80 destinations.
FINNAIR FIA1S.HE
The Finnish carrier has cancelled its Doha flights until July 2, while continuing to avoid the airspace of Iraq, Iran, Syria and Israel. The airline only restarts its Dubai flights in October.
IAG ICAG.L
IAG-owned British Airways is reducing flights to the Middle East when services resume, permanently dropping Jeddah as a destination, while adding capacity to India and Africa.
It plans to reduce services to Dubai, Doha and Tel Aviv to one daily flight from July 1, and to cut Riyadh services from two daily flights to one from mid‑May. Changes apply through the summer season that ends on October 24, with one Dubai service restarting on October 16.
IAG's Spanish low-cost airline Iberia Express has cancelled flights to Tel Aviv through May 31.
JAPAN AIRLINES 9201.T
Japan Airlines has suspended scheduled Tokyo-Doha flights until May 31 and Doha-Tokyo flights until June 1. The airline will also operate extra flights between Tokyo and London on April 25.
LOT
The Polish airline suspended its flights to Tel Aviv until May 31. It also cancelled flights to Riyadh until June 30 and to Beirut from March 31 to May 30. The airline plans to operate its winter route to Dubai in October.
LUFTHANSA GROUP LHAG.DE
Lufthansa, Swiss, Austrian Airlines, Brussels Airlines and Edelweiss have suspended flights to Dubai and Tel Aviv until May 31. Flights to Abu Dhabi, Amman, Beirut, Dammam, Riyadh, Erbil, Muscat and Tehran are suspended until October 24.
Low-cost carrier Eurowings suspended flights to Tel Aviv until May 11, to Beirut and Erbil until May 14 and to Dubai, Abu Dhabi and Amman until October 24.
ITA Airways extended the suspension of flights to Tel Aviv, Riyadh and Dubai until May 31.
MALAYSIA AIRLINES
The Malaysian carrier suspended flights to Doha until June 14.
NORWEGIAN AIR NAS.OL
The low-cost airline has pushed back planned launches of its Tel Aviv and Beirut services to June 15.
PEGASUS PGSUS.IS
Turkey's Pegasus Airlines cancelled its Iran, Iraq, Amman, Beirut, Kuwait, Bahrain, Doha, Dammam, Riyadh, Dubai, Abu Dhabi and Sharjah flights until June 1.
QANTAS QAN.AX
Australia's flag carrier is adding flights to Rome and Paris to meet an upswing in demand for European routes. Flights to Paris will increase to five return flights per week from three and the Perth-Singapore service will increase from daily to 10 flights per week. An updated schedule will come into effect progressively for flights from mid-April and run until late July.
QATAR AIRWAYS
The carrier resumed flights to Dubai and Sharjah from April 23 and will restart daily flights to Damascus from May 1.
ROYAL AIR MAROC
The Moroccan carrier said flights to Doha were cancelled until June 30 and those to Dubai until May 31.
SINGAPORE AIRLINES SIAL.SI
The carrier extended its Singapore-Dubai flights suspension until May 31, while adding services on the Singapore-London Gatwick and Singapore-Melbourne routes from late March until October 24 to meet higher demand.
TURKISH AIRLINES THYAO.IS
SunExpress, Turkish Airlines' joint venture with Lufthansa, has cancelled flights to Dubai until April 30.
WIZZ AIR WIZZ.L
The low-cost airline is delaying the return of flights to Israel until May 4, and is suspending flights to Dubai, Abu Dhabi and Amman from mainland European destinations until mid-September. All flights to Medina have been suspended indefinitely.
(Compiled by Josephine Mason, Jamie Freed, Elviira Luoma, Tiago Brandao, Agnieszka Olenska, Bernadette Hogg, Boleslaw Lasocki and Romolo Tosiani. Editing by Sumana Nandy, Joe Bavier, Mark Potter, Milla Nissi-Prussak and Susan Fenton)
(([email protected];))
Updates Aegean, Lufthansa Group, Qatar Airways
April 23 (Reuters) - Global air travel remains severely disrupted, with many people unable to fly as planned to destinations after the Iran war forced the closure of major Middle Eastern hubs, including Dubai, Doha and Abu Dhabi.
Below is the latest on flights, in alphabetical order:
AEGEAN AIRLINES AGNr.AT
Greece's largest carrier will resume flights to Tel Aviv from Athens on April 28, from Heraklion on April 30, from Rhodes on May 3 and from Larnaca on May 21. Flights from Thessaloniki to Tel Aviv are cancelled until June 26.
It will resume flights to Riyadh and Amman on June 21. Flights to Beirut are cancelled until June 26, to Dubai until June 29, and to Erbil and Baghdad until July 2.
AIRBALTIC
Latvia's airBaltic says flights to Tel Aviv have been cancelled until May 31. Flights to Dubai are cancelled until October 24.
AIR CANADA AC.TO
The Canadian carrier has cancelled flights to Tel Aviv and Dubai until September 7.
AIR EUROPA
The Spanish airline has cancelled flights to Tel Aviv until May 31.
AIR FRANCE-KLM AIRF.PA
Air France has suspended its Tel Aviv, Beirut, Dubai and Riyadh flights until May 3.
KLM has suspended flights to Riyadh, Dammam and Dubai until June 14.
CATHAY PACIFIC 0293.HK
The Hong Kong airline has suspended flights to Dubai and Riyadh until June 30 and cargo freighter services to Dubai and Riyadh until May 31. To cater for a surge in demand to Europe, it will operate extra passenger flights to London, Paris and Zurich in April. It plans to operate all scheduled flights beyond June.
DELTA DAL.N
The U.S. carrier has cancelled its New York-Tel Aviv flights and delayed the restart of its Atlanta-Tel Aviv route until September 5. It said the launch of its Boston-Tel Aviv route, planned for late October, has been delayed until further notice.
EL AL ISRAEL AIRLINES ELAL.TA
The Israeli carrier said it is continuing to gradually expand operations, and from April 27 will operate flights to about 40 active gateways. All flights to Dubai are cancelled until May 31.
EMIRATES
The UAE airline has said it is operating a reduced flight schedule, flying to more than 100 destinations.
ETIHAD AIRWAYS
The UAE carrier said it is operating a commercial flight schedule between Abu Dhabi and around 80 destinations.
FINNAIR FIA1S.HE
The Finnish carrier has cancelled its Doha flights until July 2, while continuing to avoid the airspace of Iraq, Iran, Syria and Israel. The airline only restarts its Dubai flights in October.
IAG ICAG.L
IAG-owned British Airways is reducing flights to the Middle East when services resume, permanently dropping Jeddah as a destination, while adding capacity to India and Africa.
It plans to reduce services to Dubai, Doha and Tel Aviv to one daily flight from July 1, and to cut Riyadh services from two daily flights to one from mid‑May. Changes apply through the summer season that ends on October 24, with one Dubai service restarting on October 16.
IAG's Spanish low-cost airline Iberia Express has cancelled flights to Tel Aviv through May 31.
JAPAN AIRLINES 9201.T
Japan Airlines has suspended scheduled Tokyo-Doha flights until May 31 and Doha-Tokyo flights until June 1. The airline will also operate extra flights between Tokyo and London on April 25.
LOT
The Polish airline suspended its flights to Tel Aviv until May 31. It also cancelled flights to Riyadh until June 30 and to Beirut from March 31 to May 30. The airline plans to operate its winter route to Dubai in October.
LUFTHANSA GROUP LHAG.DE
Lufthansa, Swiss, Austrian Airlines, Brussels Airlines and Edelweiss have suspended flights to Dubai and Tel Aviv until May 31. Flights to Abu Dhabi, Amman, Beirut, Dammam, Riyadh, Erbil, Muscat and Tehran are suspended until October 24.
Low-cost carrier Eurowings suspended flights to Tel Aviv until May 11, to Beirut and Erbil until May 14 and to Dubai, Abu Dhabi and Amman until October 24.
ITA Airways extended the suspension of flights to Tel Aviv, Riyadh and Dubai until May 31.
MALAYSIA AIRLINES
The Malaysian carrier suspended flights to Doha until June 14.
NORWEGIAN AIR NAS.OL
The low-cost airline has pushed back planned launches of its Tel Aviv and Beirut services to June 15.
PEGASUS PGSUS.IS
Turkey's Pegasus Airlines cancelled its Iran, Iraq, Amman, Beirut, Kuwait, Bahrain, Doha, Dammam, Riyadh, Dubai, Abu Dhabi and Sharjah flights until June 1.
QANTAS QAN.AX
Australia's flag carrier is adding flights to Rome and Paris to meet an upswing in demand for European routes. Flights to Paris will increase to five return flights per week from three and the Perth-Singapore service will increase from daily to 10 flights per week. An updated schedule will come into effect progressively for flights from mid-April and run until late July.
QATAR AIRWAYS
The carrier resumed flights to Dubai and Sharjah from April 23 and will restart daily flights to Damascus from May 1.
ROYAL AIR MAROC
The Moroccan carrier said flights to Doha were cancelled until June 30 and those to Dubai until May 31.
SINGAPORE AIRLINES SIAL.SI
The carrier extended its Singapore-Dubai flights suspension until May 31, while adding services on the Singapore-London Gatwick and Singapore-Melbourne routes from late March until October 24 to meet higher demand.
TURKISH AIRLINES THYAO.IS
SunExpress, Turkish Airlines' joint venture with Lufthansa, has cancelled flights to Dubai until April 30.
WIZZ AIR WIZZ.L
The low-cost airline is delaying the return of flights to Israel until May 4, and is suspending flights to Dubai, Abu Dhabi and Amman from mainland European destinations until mid-September. All flights to Medina have been suspended indefinitely.
(Compiled by Josephine Mason, Jamie Freed, Elviira Luoma, Tiago Brandao, Agnieszka Olenska, Bernadette Hogg, Boleslaw Lasocki and Romolo Tosiani. Editing by Sumana Nandy, Joe Bavier, Mark Potter, Milla Nissi-Prussak and Susan Fenton)
(([email protected];))
Delta TechOps, IndiGo Sign Eight-Year Engine Maintenance Deal
April 22 (Reuters) - Delta Air Lines Inc DAL.N:
DELTA AIR LINES - TECHOPS SIGNS EIGHT-YEAR ENGINE MAINTENANCE DEAL WITH INDIGO
DELTA AIR LINES INC: UNDER THE ARRANGEMENT, DELTA TECHOPS IS PROVIDING SUPPORT FOR 20 ENGINES POWERING INDIGO’S A320CEO FLEET
Further company coverage: DAL.N
(([email protected];))
April 22 (Reuters) - Delta Air Lines Inc DAL.N:
DELTA AIR LINES - TECHOPS SIGNS EIGHT-YEAR ENGINE MAINTENANCE DEAL WITH INDIGO
DELTA AIR LINES INC: UNDER THE ARRANGEMENT, DELTA TECHOPS IS PROVIDING SUPPORT FOR 20 ENGINES POWERING INDIGO’S A320CEO FLEET
Further company coverage: DAL.N
(([email protected];))
FACTBOX-Airlines cancel flights amid Middle East conflict
Updates Aegean, KLM under Air France-KLM, El Al, Lufthansa Group
April 21 (Reuters) - Global air travel remains severely disrupted, with many people unable to fly as planned to destinations after the Iran war forced the closure of major Middle Eastern hubs, including Dubai, Doha and Abu Dhabi.
Below is the latest on flights, in alphabetical order:
AEGEAN AIRLINES AGNr.AT
Greece's largest carrier will resume its flights from Athens to Tel Aviv on April 28, but cancelled flights from Thessaloniki, Heraklion, Rhodes, Larnaca to Tel Aviv until June 26. The airline cancelled flights to Riyadh and Amman until June 28 and to Beirut until June 26. It cancelled flights to Erbil and Baghdad until July 2 and to Dubai until June 29.
AIRBALTIC
Latvia's airBaltic says flights to Tel Aviv have been cancelled until May 31. Flights to Dubai are cancelled until October 24.
AIR CANADA AC.TO
The Canadian carrier has cancelled flights to Tel Aviv and Dubai until September 7.
AIR EUROPA
The Spanish airline has cancelled flights to Tel Aviv until May 31.
AIR FRANCE-KLM AIRF.PA
Air France has suspended its Tel Aviv, Beirut, Dubai and Riyadh flights until May 3.
KLM has suspended flights to Riyadh, Dammam and Dubai until June 14.
CATHAY PACIFIC 0293.HK
The Hong Kong airline has suspended flights to Dubai and Riyadh until June 30 and cargo freighter services to Dubai and Riyadh until May 31. To cater for a surge in demand to Europe, it will operate extra passenger flights to London, Paris and Zurich in April. It plans to operate all scheduled flights beyond June.
DELTA DAL.N
The U.S. carrier has cancelled its New York-Tel Aviv flights and delayed the restart of its Atlanta-Tel Aviv route until September 5. It said the launch of its Boston-Tel Aviv route, planned for late October, has been delayed until further notice.
EL AL ISRAEL AIRLINES ELAL.TA
The Israeli carrier said it is continuing to gradually expand operations, and from April 27 will operate flights to about 40 active gateways. All flights to Dubai are cancelled until May 31.
EMIRATES
The UAE airline has said it is operating a reduced flight schedule, flying to more than 100 destinations.
ETIHAD AIRWAYS
The UAE carrier said it is operating a commercial flight schedule between Abu Dhabi and around 80 destinations.
FINNAIR FIA1S.HE
The Finnish carrier has cancelled its Doha flights until July 2, while continuing to avoid the airspace of Iraq, Iran, Syria and Israel. The airline only restarts its Dubai flights in October.
IAG ICAG.L
IAG-owned British Airways is reducing flights to the Middle East when services resume, permanently dropping Jeddah as a destination, while adding capacity to India and Africa.
It plans to reduce services to Dubai, Doha and Tel Aviv to one daily flight from July 1, and to cut Riyadh services from two daily flights to one from mid‑May. Changes apply through the summer season that ends on October 24, with one Dubai service restarting on October 16.
IAG's Spanish low-cost airline Iberia Express has cancelled flights to Tel Aviv through May 31.
JAPAN AIRLINES 9201.T
Japan Airlines has suspended scheduled Tokyo-Doha flights until May 10 and Doha-Tokyo flights until May 11. The airline also announced extra flights between Tokyo and London on April 25.
LOT
The Polish airline suspended its flights to Tel Aviv until May 31. It also cancelled flights to Riyadh until June 30 and to Beirut from March 31 to May 30. The airline plans to operate its winter route to Dubai in October.
LUFTHANSA GROUP LHAG.DE
Lufthansa, Lufthansa Cargo, Swiss, Austrian Airlines, Brussels Airlines and Edelweiss suspended flights to Dubai and Tel Aviv until May 31, and to Abu Dhabi, Amman, Beirut, Dammam, Riyadh, Erbil, Muscat and Tehran until October 24.
ITA Airways has extended the suspension of flights to and from Tel Aviv and Riyadh until May 10. Flights to and from Dubai are suspended until May 31.
Low-cost carrier Eurowings plans to suspend flights to Tel Aviv until May 11, to Beirut and Erbil until May 14 and to Dubai, Abu Dhabi and Amman until October 24.
MALAYSIA AIRLINES
The Malaysian carrier suspended flights to Doha until June 14.
NORWEGIAN AIR NAS.OL
The low-cost airline has pushed back planned launches of its Tel Aviv and Beirut services to June 15.
PEGASUS PGSUS.IS
Turkey's Pegasus Airlines cancelled its Iran, Iraq, Amman, Beirut, Kuwait, Bahrain, Doha, Dammam, Riyadh, Dubai, Abu Dhabi and Sharjah flights until June 1.
ROYAL AIR MAROC
The Moroccan carrier says flights to Doha are cancelled until June 30 and those to Dubai until May 31.
QANTAS QAN.AX
Australia's flag carrier is adding flights to Rome and Paris to meet an upswing in demand for European routes. Flights to Paris will increase to five return flights per week from three and the Perth-Singapore service will increase from daily to 10 flights per week. An updated schedule will come into effect progressively for flights from mid-April and run until late July.
QATAR AIRWAYS
The carrier said it was expanding its international flight network, with services to more than 150 destinations from June 16.
SINGAPORE AIRLINES SIAL.SI
The carrier extended its Singapore-Dubai flights suspension until May 31, while adding services on the Singapore-London Gatwick and Singapore-Melbourne routes from late March until October 24 to meet higher demand.
TURKISH AIRLINES THYAO.IS
SunExpress, Turkish Airlines' joint venture with Lufthansa, has cancelled flights to Dubai until April 30.
WIZZ AIR WIZZ.L
The low-cost airline is delaying the return of flights to Israel until May 4, and is suspending flights to Dubai, Abu Dhabi and Amman from mainland European destinations until mid-September. All flights to Medina have been suspended indefinitely.
(Compiled by Josephine Mason, Jamie Freed, Elviira Luoma, Tiago Brandao, Agnieszka Olenska, Bernadette Hogg, Boleslaw Lasocki and Romolo Tosiani. Editing by Sumana Nandy, Joe Bavier, Mark Potter, Milla Nissi-Prussak and Susan Fenton)
(([email protected];))
Updates Aegean, KLM under Air France-KLM, El Al, Lufthansa Group
April 21 (Reuters) - Global air travel remains severely disrupted, with many people unable to fly as planned to destinations after the Iran war forced the closure of major Middle Eastern hubs, including Dubai, Doha and Abu Dhabi.
Below is the latest on flights, in alphabetical order:
AEGEAN AIRLINES AGNr.AT
Greece's largest carrier will resume its flights from Athens to Tel Aviv on April 28, but cancelled flights from Thessaloniki, Heraklion, Rhodes, Larnaca to Tel Aviv until June 26. The airline cancelled flights to Riyadh and Amman until June 28 and to Beirut until June 26. It cancelled flights to Erbil and Baghdad until July 2 and to Dubai until June 29.
AIRBALTIC
Latvia's airBaltic says flights to Tel Aviv have been cancelled until May 31. Flights to Dubai are cancelled until October 24.
AIR CANADA AC.TO
The Canadian carrier has cancelled flights to Tel Aviv and Dubai until September 7.
AIR EUROPA
The Spanish airline has cancelled flights to Tel Aviv until May 31.
AIR FRANCE-KLM AIRF.PA
Air France has suspended its Tel Aviv, Beirut, Dubai and Riyadh flights until May 3.
KLM has suspended flights to Riyadh, Dammam and Dubai until June 14.
CATHAY PACIFIC 0293.HK
The Hong Kong airline has suspended flights to Dubai and Riyadh until June 30 and cargo freighter services to Dubai and Riyadh until May 31. To cater for a surge in demand to Europe, it will operate extra passenger flights to London, Paris and Zurich in April. It plans to operate all scheduled flights beyond June.
DELTA DAL.N
The U.S. carrier has cancelled its New York-Tel Aviv flights and delayed the restart of its Atlanta-Tel Aviv route until September 5. It said the launch of its Boston-Tel Aviv route, planned for late October, has been delayed until further notice.
EL AL ISRAEL AIRLINES ELAL.TA
The Israeli carrier said it is continuing to gradually expand operations, and from April 27 will operate flights to about 40 active gateways. All flights to Dubai are cancelled until May 31.
EMIRATES
The UAE airline has said it is operating a reduced flight schedule, flying to more than 100 destinations.
ETIHAD AIRWAYS
The UAE carrier said it is operating a commercial flight schedule between Abu Dhabi and around 80 destinations.
FINNAIR FIA1S.HE
The Finnish carrier has cancelled its Doha flights until July 2, while continuing to avoid the airspace of Iraq, Iran, Syria and Israel. The airline only restarts its Dubai flights in October.
IAG ICAG.L
IAG-owned British Airways is reducing flights to the Middle East when services resume, permanently dropping Jeddah as a destination, while adding capacity to India and Africa.
It plans to reduce services to Dubai, Doha and Tel Aviv to one daily flight from July 1, and to cut Riyadh services from two daily flights to one from mid‑May. Changes apply through the summer season that ends on October 24, with one Dubai service restarting on October 16.
IAG's Spanish low-cost airline Iberia Express has cancelled flights to Tel Aviv through May 31.
JAPAN AIRLINES 9201.T
Japan Airlines has suspended scheduled Tokyo-Doha flights until May 10 and Doha-Tokyo flights until May 11. The airline also announced extra flights between Tokyo and London on April 25.
LOT
The Polish airline suspended its flights to Tel Aviv until May 31. It also cancelled flights to Riyadh until June 30 and to Beirut from March 31 to May 30. The airline plans to operate its winter route to Dubai in October.
LUFTHANSA GROUP LHAG.DE
Lufthansa, Lufthansa Cargo, Swiss, Austrian Airlines, Brussels Airlines and Edelweiss suspended flights to Dubai and Tel Aviv until May 31, and to Abu Dhabi, Amman, Beirut, Dammam, Riyadh, Erbil, Muscat and Tehran until October 24.
ITA Airways has extended the suspension of flights to and from Tel Aviv and Riyadh until May 10. Flights to and from Dubai are suspended until May 31.
Low-cost carrier Eurowings plans to suspend flights to Tel Aviv until May 11, to Beirut and Erbil until May 14 and to Dubai, Abu Dhabi and Amman until October 24.
MALAYSIA AIRLINES
The Malaysian carrier suspended flights to Doha until June 14.
NORWEGIAN AIR NAS.OL
The low-cost airline has pushed back planned launches of its Tel Aviv and Beirut services to June 15.
PEGASUS PGSUS.IS
Turkey's Pegasus Airlines cancelled its Iran, Iraq, Amman, Beirut, Kuwait, Bahrain, Doha, Dammam, Riyadh, Dubai, Abu Dhabi and Sharjah flights until June 1.
ROYAL AIR MAROC
The Moroccan carrier says flights to Doha are cancelled until June 30 and those to Dubai until May 31.
QANTAS QAN.AX
Australia's flag carrier is adding flights to Rome and Paris to meet an upswing in demand for European routes. Flights to Paris will increase to five return flights per week from three and the Perth-Singapore service will increase from daily to 10 flights per week. An updated schedule will come into effect progressively for flights from mid-April and run until late July.
QATAR AIRWAYS
The carrier said it was expanding its international flight network, with services to more than 150 destinations from June 16.
SINGAPORE AIRLINES SIAL.SI
The carrier extended its Singapore-Dubai flights suspension until May 31, while adding services on the Singapore-London Gatwick and Singapore-Melbourne routes from late March until October 24 to meet higher demand.
TURKISH AIRLINES THYAO.IS
SunExpress, Turkish Airlines' joint venture with Lufthansa, has cancelled flights to Dubai until April 30.
WIZZ AIR WIZZ.L
The low-cost airline is delaying the return of flights to Israel until May 4, and is suspending flights to Dubai, Abu Dhabi and Amman from mainland European destinations until mid-September. All flights to Medina have been suspended indefinitely.
(Compiled by Josephine Mason, Jamie Freed, Elviira Luoma, Tiago Brandao, Agnieszka Olenska, Bernadette Hogg, Boleslaw Lasocki and Romolo Tosiani. Editing by Sumana Nandy, Joe Bavier, Mark Potter, Milla Nissi-Prussak and Susan Fenton)
(([email protected];))
FACTBOX-Airlines cancel flights amid Middle East conflict
Updates El Al, Pegasus
April 20 (Reuters) - Global air travel remains severely disrupted, with many people unable to fly as planned to destinations after the Iran war forced the closure of major Middle Eastern hubs, including Dubai, Doha and Abu Dhabi.
Below is the latest on flights, in alphabetical order:
AEGEAN AIRLINES AGNr.AT
Greece's largest carrier cancelled flights to Riyadh and Amman until June 27 and to Tel Aviv and Beirut until June 26. It cancelled flights to Erbil and Baghdad until July 2 and to Dubai until June 29.
AIRBALTIC
Latvia's airBaltic says flights to Tel Aviv have been cancelled until May 31. Flights to Dubai are cancelled until October 24.
AIR CANADA AC.TO
The Canadian carrier has cancelled flights to Tel Aviv and Dubai until September 7.
AIR EUROPA
The Spanish airline has cancelled flights to Tel Aviv until May 31.
AIR FRANCE-KLM AIRF.PA
Air France has suspended its Tel Aviv, Beirut, Dubai and Riyadh flights until May 3.
KLM has suspended flights to Riyadh and Dammam until May 17 and to Dubai until June 14.
CATHAY PACIFIC 0293.HK
The Hong Kong airline has suspended flights to Dubai and Riyadh until June 30 and cargo freighter services to Dubai and Riyadh until May 31. To cater for a surge in demand to Europe, it will operate extra passenger flights to London, Paris and Zurich in April. It plans to operate all scheduled flights beyond June.
DELTA DAL.N
The U.S. carrier has cancelled its New York-Tel Aviv flights and delayed the restart of its Atlanta-Tel Aviv route until September 5. It said the launch of its Boston-Tel Aviv route, planned for late October, has been delayed until further notice.
EL AL ISRAEL AIRLINES ELAL.TA
The Israeli carrier said it is continuing to gradually expand operations, and from April 27 will operate flights to about 40 active gateways.
EMIRATES
The UAE airline has said it is operating a reduced flight schedule, flying to more than 100 destinations.
ETIHAD AIRWAYS
The UAE carrier has said it is operating a commercial flight schedule between Abu Dhabi and around 80 destinations.
FINNAIR FIA1S.HE
The Finnish carrier has cancelled its Doha flights until July 2, while continuing to avoid the airspace of Iraq, Iran, Syria and Israel. The airline only restarts its Dubai flights in October.
IAG ICAG.L
IAG-owned British Airways is reducing flights to the Middle East when services resume, permanently dropping Jeddah as a destination, while adding capacity to India and Africa.
It plans to reduce services to Dubai, Doha and Tel Aviv to one daily flight from July 1, and to cut Riyadh services from two daily flights to one from mid‑May. Changes apply through the summer season that ends on October 24, with one Dubai service restarting on October 16.
IAG's Spanish low-cost airline Iberia Express has cancelled flights to Tel Aviv through May 31.
JAPAN AIRLINES 9201.T
Japan Airlines has suspended scheduled Tokyo-Doha flights until May 10 and Doha-Tokyo flights until May 11. The airline also announced extra flights between Tokyo and London on April 25.
LOT
The Polish airline suspended its flights to Tel Aviv until May 31. It also cancelled flights to Riyadh until June 30 and to Beirut from March 31 to May 30. The airline plans to operate its winter route to Dubai in October.
LUFTHANSA GROUP LHAG.DE
Lufthansa, Swiss, Austrian Airlines, Brussels Airlines and Edelweiss suspended flights to Dubai and Tel Aviv until May 31, and to Abu Dhabi, Amman, Beirut, Dammam, Riyadh, Erbil, Muscat and Tehran until October 24. Lufthansa Cargo is the same, except for the Tel Aviv suspension, which will last through April 30.
ITA Airways has extended the suspension of flights to and from Tel Aviv and Riyadh until May 10. Flights to and from Dubai are suspended until May 31.
Low-cost carrier Eurowings plans to suspend flights to Tel Aviv, Beirut and Erbil through April 30 and to Dubai, Abu Dhabi and Amman through October 24.
MALAYSIA AIRLINES
The Malaysian carrier suspended flights to Doha until June 14.
NORWEGIAN AIR NAS.OL
The low-cost airline has pushed back planned launches of its Tel Aviv and Beirut services to June 15.
PEGASUS PGSUS.IS
Turkey's Pegasus Airlines cancelled its Iran, Iraq, Amman, Beirut, Kuwait, Bahrain, Doha, Dammam, Riyadh, Dubai, Abu Dhabi and Sharjah flights until June 1.
ROYAL AIR MAROC
The Moroccan carrier says flights to Doha are cancelled until June 30 and those to Dubai until May 31.
QANTAS QAN.AX
Australia's flag carrier is adding flights to Rome and Paris to meet an upswing in demand for European routes. Flights to Paris will increase to five return flights per week from three and the Perth-Singapore service will increase from daily to 10 flights per week. An updated schedule will come into effect progressively for flights from mid-April and run until late July.
QATAR AIRWAYS
The carrier said it was expanding its international flight network, with services to more than 150 destinations from June 16.
SINGAPORE AIRLINES SIAL.SI
The carrier extended its Singapore-Dubai flights suspension until May 31, while adding services on the Singapore-London Gatwick and Singapore-Melbourne routes from late March until October 24 to meet higher demand.
TURKISH AIRLINES THYAO.IS
SunExpress, Turkish Airlines' joint venture with Lufthansa, has cancelled flights to Dubai until April 30.
WIZZ AIR WIZZ.L
The low-cost airline is delaying the return of flights to Israel until May 4, and is suspending flights to Dubai, Abu Dhabi and Amman from mainland European destinations until mid-September. All flights to Medina have been suspended indefinitely.
(Compiled by Josephine Mason, Jamie Freed, Elviira Luoma, Tiago Brandao, Agnieszka Olenska, Bernadette Hogg, Boleslaw Lasocki and Romolo Tosiani. Editing by Sumana Nandy, Joe Bavier, Mark Potter and Milla Nissi-Prussak)
(([email protected];))
Updates El Al, Pegasus
April 20 (Reuters) - Global air travel remains severely disrupted, with many people unable to fly as planned to destinations after the Iran war forced the closure of major Middle Eastern hubs, including Dubai, Doha and Abu Dhabi.
Below is the latest on flights, in alphabetical order:
AEGEAN AIRLINES AGNr.AT
Greece's largest carrier cancelled flights to Riyadh and Amman until June 27 and to Tel Aviv and Beirut until June 26. It cancelled flights to Erbil and Baghdad until July 2 and to Dubai until June 29.
AIRBALTIC
Latvia's airBaltic says flights to Tel Aviv have been cancelled until May 31. Flights to Dubai are cancelled until October 24.
AIR CANADA AC.TO
The Canadian carrier has cancelled flights to Tel Aviv and Dubai until September 7.
AIR EUROPA
The Spanish airline has cancelled flights to Tel Aviv until May 31.
AIR FRANCE-KLM AIRF.PA
Air France has suspended its Tel Aviv, Beirut, Dubai and Riyadh flights until May 3.
KLM has suspended flights to Riyadh and Dammam until May 17 and to Dubai until June 14.
CATHAY PACIFIC 0293.HK
The Hong Kong airline has suspended flights to Dubai and Riyadh until June 30 and cargo freighter services to Dubai and Riyadh until May 31. To cater for a surge in demand to Europe, it will operate extra passenger flights to London, Paris and Zurich in April. It plans to operate all scheduled flights beyond June.
DELTA DAL.N
The U.S. carrier has cancelled its New York-Tel Aviv flights and delayed the restart of its Atlanta-Tel Aviv route until September 5. It said the launch of its Boston-Tel Aviv route, planned for late October, has been delayed until further notice.
EL AL ISRAEL AIRLINES ELAL.TA
The Israeli carrier said it is continuing to gradually expand operations, and from April 27 will operate flights to about 40 active gateways.
EMIRATES
The UAE airline has said it is operating a reduced flight schedule, flying to more than 100 destinations.
ETIHAD AIRWAYS
The UAE carrier has said it is operating a commercial flight schedule between Abu Dhabi and around 80 destinations.
FINNAIR FIA1S.HE
The Finnish carrier has cancelled its Doha flights until July 2, while continuing to avoid the airspace of Iraq, Iran, Syria and Israel. The airline only restarts its Dubai flights in October.
IAG ICAG.L
IAG-owned British Airways is reducing flights to the Middle East when services resume, permanently dropping Jeddah as a destination, while adding capacity to India and Africa.
It plans to reduce services to Dubai, Doha and Tel Aviv to one daily flight from July 1, and to cut Riyadh services from two daily flights to one from mid‑May. Changes apply through the summer season that ends on October 24, with one Dubai service restarting on October 16.
IAG's Spanish low-cost airline Iberia Express has cancelled flights to Tel Aviv through May 31.
JAPAN AIRLINES 9201.T
Japan Airlines has suspended scheduled Tokyo-Doha flights until May 10 and Doha-Tokyo flights until May 11. The airline also announced extra flights between Tokyo and London on April 25.
LOT
The Polish airline suspended its flights to Tel Aviv until May 31. It also cancelled flights to Riyadh until June 30 and to Beirut from March 31 to May 30. The airline plans to operate its winter route to Dubai in October.
LUFTHANSA GROUP LHAG.DE
Lufthansa, Swiss, Austrian Airlines, Brussels Airlines and Edelweiss suspended flights to Dubai and Tel Aviv until May 31, and to Abu Dhabi, Amman, Beirut, Dammam, Riyadh, Erbil, Muscat and Tehran until October 24. Lufthansa Cargo is the same, except for the Tel Aviv suspension, which will last through April 30.
ITA Airways has extended the suspension of flights to and from Tel Aviv and Riyadh until May 10. Flights to and from Dubai are suspended until May 31.
Low-cost carrier Eurowings plans to suspend flights to Tel Aviv, Beirut and Erbil through April 30 and to Dubai, Abu Dhabi and Amman through October 24.
MALAYSIA AIRLINES
The Malaysian carrier suspended flights to Doha until June 14.
NORWEGIAN AIR NAS.OL
The low-cost airline has pushed back planned launches of its Tel Aviv and Beirut services to June 15.
PEGASUS PGSUS.IS
Turkey's Pegasus Airlines cancelled its Iran, Iraq, Amman, Beirut, Kuwait, Bahrain, Doha, Dammam, Riyadh, Dubai, Abu Dhabi and Sharjah flights until June 1.
ROYAL AIR MAROC
The Moroccan carrier says flights to Doha are cancelled until June 30 and those to Dubai until May 31.
QANTAS QAN.AX
Australia's flag carrier is adding flights to Rome and Paris to meet an upswing in demand for European routes. Flights to Paris will increase to five return flights per week from three and the Perth-Singapore service will increase from daily to 10 flights per week. An updated schedule will come into effect progressively for flights from mid-April and run until late July.
QATAR AIRWAYS
The carrier said it was expanding its international flight network, with services to more than 150 destinations from June 16.
SINGAPORE AIRLINES SIAL.SI
The carrier extended its Singapore-Dubai flights suspension until May 31, while adding services on the Singapore-London Gatwick and Singapore-Melbourne routes from late March until October 24 to meet higher demand.
TURKISH AIRLINES THYAO.IS
SunExpress, Turkish Airlines' joint venture with Lufthansa, has cancelled flights to Dubai until April 30.
WIZZ AIR WIZZ.L
The low-cost airline is delaying the return of flights to Israel until May 4, and is suspending flights to Dubai, Abu Dhabi and Amman from mainland European destinations until mid-September. All flights to Medina have been suspended indefinitely.
(Compiled by Josephine Mason, Jamie Freed, Elviira Luoma, Tiago Brandao, Agnieszka Olenska, Bernadette Hogg, Boleslaw Lasocki and Romolo Tosiani. Editing by Sumana Nandy, Joe Bavier, Mark Potter and Milla Nissi-Prussak)
(([email protected];))
FACTBOX-Airlines cancel flights amid Middle East conflict
Corrects details of ITA Airways suspensions under LUFTHANSA GROUP entry
April 17 (Reuters) - Global air travel remains severely disrupted, with many people unable to fly as planned to destinations after the Iran war forced the closure of major Middle Eastern hubs, including Dubai, Doha and Abu Dhabi.
Below is the latest on flights, in alphabetical order:
AEGEAN AIRLINES AGNr.AT
Greece's largest carrier cancelled flights to Riyadh and Amman until June 27 and to Tel Aviv and Beirut until June 26. It cancelled flights to Erbil and Baghdad until July 2 and to Dubai until June 29.
AIRBALTIC
Latvia's airBaltic says flights to Tel Aviv have been cancelled until May 31. Flights to Dubai are cancelled until October 24.
AIR CANADA AC.TO
The Canadian carrier has cancelled flights to Tel Aviv and Dubai until September 7.
AIR EUROPA
The Spanish airline has cancelled flights to Tel Aviv until May 31.
AIR FRANCE-KLM AIRF.PA
Air France has suspended its Tel Aviv, Beirut, Dubai and Riyadh flights until May 3.
KLM has suspended flights to Riyadh and Dammam until May 17 and to Dubai until June 14.
CATHAY PACIFIC 0293.HK
The Hong Kong airline has suspended flights to Dubai and Riyadh until June 30 and cargo freighter services to Dubai and Riyadh until May 31. To cater for a surge in demand to Europe, it will operate extra passenger flights to London, Paris and Zurich in April. It plans to operate all scheduled flights beyond June.
DELTA DAL.N
The U.S. carrier has cancelled its New York-Tel Aviv flights and delayed the restart of its Atlanta-Tel Aviv route until September 5. It said the launch of its Boston-Tel Aviv route, planned for late October, has been delayed until further notice.
EL AL ISRAEL AIRLINES ELAL.TA
The Israeli carrier said customers who planned to depart Israel through April 18 have had their flights cancelled, including relevant return flights.
It will increase the number of destinations to about 30 from April 13 and will gradually expand that number through the rest of the month.
EMIRATES
The UAE airline has said it is operating a reduced flight schedule, flying to more than 100 destinations.
ETIHAD AIRWAYS
The UAE carrier has said it is operating a commercial flight schedule between Abu Dhabi and around 80 destinations.
FINNAIR FIA1S.HE
The Finnish carrier has cancelled its Doha flights until July 2, while continuing to avoid the airspace of Iraq, Iran, Syria and Israel. The airline only restarts its Dubai flights in October.
IAG ICAG.L
IAG-owned British Airways is reducing flights to the Middle East when services resume, permanently dropping Jeddah as a destination, while adding capacity to India and Africa.
It plans to reduce services to Dubai, Doha and Tel Aviv to one daily flight from July 1, and to cut Riyadh services from two daily flights to one from mid‑May. Changes apply through the summer season that ends on October 24, with one Dubai service restarting on October 16.
IAG's Spanish low-cost airline Iberia Express has cancelled flights to Tel Aviv through May 31.
JAPAN AIRLINES 9201.T
Japan Airlines has suspended scheduled Tokyo-Doha flights until May 10 and Doha-Tokyo flights until May 11. The airline also announced extra flights between Tokyo and London on April 25.
LOT
The Polish airline suspended its flights to Tel Aviv until May 31. It also cancelled flights to Riyadh until June 30 and to Beirut from March 31 to May 30. The airline plans to operate its winter route to Dubai in October.
LUFTHANSA GROUP LHAG.DE
Lufthansa, Swiss, Austrian Airlines, Brussels Airlines and Edelweiss suspended flights to Dubai and Tel Aviv until May 31, and to Abu Dhabi, Amman, Beirut, Dammam, Riyadh, Erbil, Muscat and Tehran until October 24. Lufthansa Cargo is the same, except for the Tel Aviv suspension, which will last through April 30.
ITA Airways has extended the suspension of flights to and from Tel Aviv and Riyadh until May 10. Flights to and from Dubai are suspended until May 31.
Low-cost carrier Eurowings plans to suspend flights to Tel Aviv, Beirut and Erbil through April 30 and to Dubai, Abu Dhabi and Amman through October 24.
MALAYSIA AIRLINES
The Malaysian carrier suspended flights to Doha until June 14.
NORWEGIAN AIR NAS.OL
The low-cost airline has pushed back planned launches of its Tel Aviv and Beirut services to June 15.
PEGASUS PGSUS.IS
Turkey's Pegasus Airlines cancelled its Iran, Iraq, Amman, Beirut, Kuwait, Bahrain, Doha, Dammam, Riyadh, Dubai, Abu Dhabi and Sharjah flights until May 1.
ROYAL AIR MAROC
The Moroccan carrier says flights to Doha are cancelled until June 30 and those to Dubai until May 31.
QANTAS QAN.AX
Australia's flag carrier is adding flights to Rome and Paris to meet an upswing in demand for European routes. Flights to Paris will increase to five return flights per week from three and the Perth-Singapore service will increase from daily to 10 flights per week. An updated schedule will come into effect progressively for flights from mid-April and run until late July.
QATAR AIRWAYS
The carrier said it was expanding its international flight network, with services to more than 150 destinations from June 16.
SINGAPORE AIRLINES SIAL.SI
The carrier extended its Singapore-Dubai flights suspension until May 31, while adding services on the Singapore-London Gatwick and Singapore-Melbourne routes from late March until October 24 to meet higher demand.
TURKISH AIRLINES THYAO.IS
SunExpress, Turkish Airlines' joint venture with Lufthansa, has cancelled flights to Dubai until April 30.
WIZZ AIR WIZZ.L
The low-cost airline is delaying the return of flights to Israel until May 4, and is suspending flights to Dubai, Abu Dhabi and Amman from mainland European destinations until mid-September. All flights to Medina have been suspended indefinitely.
(Compiled by Josephine Mason, Jamie Freed, Elviira Luoma, Tiago Brandao, Agnieszka Olenska, Bernadette Hogg, Boleslaw Lasocki and Romolo Tosiani. Editing by Sumana Nandy, Joe Bavier, Mark Potter and Milla Nissi-Prussak)
(([email protected];))
Corrects details of ITA Airways suspensions under LUFTHANSA GROUP entry
April 17 (Reuters) - Global air travel remains severely disrupted, with many people unable to fly as planned to destinations after the Iran war forced the closure of major Middle Eastern hubs, including Dubai, Doha and Abu Dhabi.
Below is the latest on flights, in alphabetical order:
AEGEAN AIRLINES AGNr.AT
Greece's largest carrier cancelled flights to Riyadh and Amman until June 27 and to Tel Aviv and Beirut until June 26. It cancelled flights to Erbil and Baghdad until July 2 and to Dubai until June 29.
AIRBALTIC
Latvia's airBaltic says flights to Tel Aviv have been cancelled until May 31. Flights to Dubai are cancelled until October 24.
AIR CANADA AC.TO
The Canadian carrier has cancelled flights to Tel Aviv and Dubai until September 7.
AIR EUROPA
The Spanish airline has cancelled flights to Tel Aviv until May 31.
AIR FRANCE-KLM AIRF.PA
Air France has suspended its Tel Aviv, Beirut, Dubai and Riyadh flights until May 3.
KLM has suspended flights to Riyadh and Dammam until May 17 and to Dubai until June 14.
CATHAY PACIFIC 0293.HK
The Hong Kong airline has suspended flights to Dubai and Riyadh until June 30 and cargo freighter services to Dubai and Riyadh until May 31. To cater for a surge in demand to Europe, it will operate extra passenger flights to London, Paris and Zurich in April. It plans to operate all scheduled flights beyond June.
DELTA DAL.N
The U.S. carrier has cancelled its New York-Tel Aviv flights and delayed the restart of its Atlanta-Tel Aviv route until September 5. It said the launch of its Boston-Tel Aviv route, planned for late October, has been delayed until further notice.
EL AL ISRAEL AIRLINES ELAL.TA
The Israeli carrier said customers who planned to depart Israel through April 18 have had their flights cancelled, including relevant return flights.
It will increase the number of destinations to about 30 from April 13 and will gradually expand that number through the rest of the month.
EMIRATES
The UAE airline has said it is operating a reduced flight schedule, flying to more than 100 destinations.
ETIHAD AIRWAYS
The UAE carrier has said it is operating a commercial flight schedule between Abu Dhabi and around 80 destinations.
FINNAIR FIA1S.HE
The Finnish carrier has cancelled its Doha flights until July 2, while continuing to avoid the airspace of Iraq, Iran, Syria and Israel. The airline only restarts its Dubai flights in October.
IAG ICAG.L
IAG-owned British Airways is reducing flights to the Middle East when services resume, permanently dropping Jeddah as a destination, while adding capacity to India and Africa.
It plans to reduce services to Dubai, Doha and Tel Aviv to one daily flight from July 1, and to cut Riyadh services from two daily flights to one from mid‑May. Changes apply through the summer season that ends on October 24, with one Dubai service restarting on October 16.
IAG's Spanish low-cost airline Iberia Express has cancelled flights to Tel Aviv through May 31.
JAPAN AIRLINES 9201.T
Japan Airlines has suspended scheduled Tokyo-Doha flights until May 10 and Doha-Tokyo flights until May 11. The airline also announced extra flights between Tokyo and London on April 25.
LOT
The Polish airline suspended its flights to Tel Aviv until May 31. It also cancelled flights to Riyadh until June 30 and to Beirut from March 31 to May 30. The airline plans to operate its winter route to Dubai in October.
LUFTHANSA GROUP LHAG.DE
Lufthansa, Swiss, Austrian Airlines, Brussels Airlines and Edelweiss suspended flights to Dubai and Tel Aviv until May 31, and to Abu Dhabi, Amman, Beirut, Dammam, Riyadh, Erbil, Muscat and Tehran until October 24. Lufthansa Cargo is the same, except for the Tel Aviv suspension, which will last through April 30.
ITA Airways has extended the suspension of flights to and from Tel Aviv and Riyadh until May 10. Flights to and from Dubai are suspended until May 31.
Low-cost carrier Eurowings plans to suspend flights to Tel Aviv, Beirut and Erbil through April 30 and to Dubai, Abu Dhabi and Amman through October 24.
MALAYSIA AIRLINES
The Malaysian carrier suspended flights to Doha until June 14.
NORWEGIAN AIR NAS.OL
The low-cost airline has pushed back planned launches of its Tel Aviv and Beirut services to June 15.
PEGASUS PGSUS.IS
Turkey's Pegasus Airlines cancelled its Iran, Iraq, Amman, Beirut, Kuwait, Bahrain, Doha, Dammam, Riyadh, Dubai, Abu Dhabi and Sharjah flights until May 1.
ROYAL AIR MAROC
The Moroccan carrier says flights to Doha are cancelled until June 30 and those to Dubai until May 31.
QANTAS QAN.AX
Australia's flag carrier is adding flights to Rome and Paris to meet an upswing in demand for European routes. Flights to Paris will increase to five return flights per week from three and the Perth-Singapore service will increase from daily to 10 flights per week. An updated schedule will come into effect progressively for flights from mid-April and run until late July.
QATAR AIRWAYS
The carrier said it was expanding its international flight network, with services to more than 150 destinations from June 16.
SINGAPORE AIRLINES SIAL.SI
The carrier extended its Singapore-Dubai flights suspension until May 31, while adding services on the Singapore-London Gatwick and Singapore-Melbourne routes from late March until October 24 to meet higher demand.
TURKISH AIRLINES THYAO.IS
SunExpress, Turkish Airlines' joint venture with Lufthansa, has cancelled flights to Dubai until April 30.
WIZZ AIR WIZZ.L
The low-cost airline is delaying the return of flights to Israel until May 4, and is suspending flights to Dubai, Abu Dhabi and Amman from mainland European destinations until mid-September. All flights to Medina have been suspended indefinitely.
(Compiled by Josephine Mason, Jamie Freed, Elviira Luoma, Tiago Brandao, Agnieszka Olenska, Bernadette Hogg, Boleslaw Lasocki and Romolo Tosiani. Editing by Sumana Nandy, Joe Bavier, Mark Potter and Milla Nissi-Prussak)
(([email protected];))
FACTBOX-Price hikes, outlook cuts - What airlines are doing as fuel costs surge
Updates Easyjet, adds Airline Operators of Nigeria
April 16 (Reuters) - A surge in jet fuel prices driven by the U.S.-Israeli war on Iran has upended the global aviation industry, forcing airlines to raise fares and revise their financial outlooks.
Jet fuel prices have soared from $85 to $90 per barrel to $150 to $200 per barrel in recent weeks, a financial hit for an industry where fuel accounts for up to a quarter of operating expenses.
Below is a list of how airlines are responding, in alphabetical order:
AEGEAN AIRLINES AGNr.AT
The Greek airline expects suspended Middle East flights and a spike in fuel prices to have a "notable impact" on its first-quarter results.
AIRASIA X AIRX.KL
The Malaysian airline's executives said the company had cut 10% of flights across the group, with a surcharge of about 20% on fuel in general.
AIR FRANCE-KLM AIRF.PA
The airline group said it planned to increase long-haul ticket prices to address surging fuel costs, with cabin fares set to rise by 50 euros ($58) per round trip.
AIR INDIA
The Indian carrier said it would revise its fuel surcharge from a flat domestic surcharge to a distance-based grid. It said surcharges on international routes did not compensate for the exponential rise in fuel prices.
AIR NEW ZEALAND AIR.NZ
The airline said on April 7 it would slash flights through May and June and hike fares, having been one of the first to announce broad increases to ticket prices when the conflict broke out. It also suspended its full-year earnings forecast due to fuel market volatility.
AKASA AIR
India's Akasa Air said it was introducing a fuel surcharge ranging between 199 and 1,300 Indian rupees ($2 to $14) on domestic and international flights.
ALASKA AIR ALK.N
The U.S. airline said it would increase fees for the first checked bag by $5 and by $10 for the second on its North American flights, as well as for its Hawaiian Airlines unit. It hiked prices for a third checked bag from $50 to $200.
AMERICAN AIRLINES AAL.O
The U.S. carrier said it would hike checked baggage fees by $10 each for the first and second checked bags and by $150 for the third checked bag on domestic and short-haul international flights. It also trimmed certain benefits for economy passengers.
It had earlier said it expected a $400 million increase in first-quarter expenses due to fuel prices.
CATHAY PACIFIC 0293.HK
The Hong Kong airline said it would cut some flight from mid-May until the end of June, cancelling about 2% of its scheduled passenger flights, while its budget airline HK Express was cutting around 6% of flights.
The carrier previously said it would hike its fuel surcharge by 34% across routes from April 1 and review them every two weeks.
CEBU AIR CEB.PS
The Philippines-based airline said the sharp rise in fuel prices was a key concern and it would continue to review its pricing and network strategies to mitigate the impact.
CHINA EASTERN AIRLINES 600115.SS
The airline said it would raise fuel surcharges for domestic flights from April 5, with flights of 800km and below hit with a 60 yuan ($9) surcharge and a 120 yuan surcharge for flights over 800km.
DELTA AIR LINES DAL.N
Delta said it would cut capacity by around 3.5 percentage points from its original plan and raise fees for checked bags in an attempt to offset soaring jet fuel costs, with an increase of $10 on first and second checked bags and a $50 increase on the third.
The U.S. airline pulled all planned capacity growth for the current quarter and forecast profit below Wall Street expectations. Delta CEO said it would hold off on updating the full-year outlook given uncertainty over how long the fuel price spike would last.
EASYJET EZJ.L
EasyJet warned of a bigger half-year pre-tax loss of between 540 million and 560 million pounds ($731 million and $758 million), including 25 million pounds in extra fuel costs in March.
CEO Kenton Jarvis previously said European consumers should expect higher ticket prices towards the end of summer, when existing fuel hedges come to an end.
FRONTIER AIRLINES ULCC.O
The U.S. airline is reviewing its full-year forecast as fuel prices have increased significantly since it issued the outlook.
GREATER BAY AIRLINES
The Hong Kong-based company said it would raise fuel surcharges on most routes from April 1, while keeping them unchanged on mainland China and Japan routes.
Its surcharge for flights between Hong Kong and the Philippines will more than double, the carrier said.
HONG KONG AIRLINES
The airline said it would raise fuel surcharges by up to 35% from March 12, with the sharpest increase on flights between Hong Kong and the Maldives, Bangladesh and Nepal, where charges would rise to HK$384 ($49) from HK$284.
IAG ICAG.L
British Airways-owner IAG said in March it did not plan to increase ticket prices immediately, as it had hedged much of its fuel for the short- to medium-term.
INDIGO INGL.NS
India's biggest airline said it would introduce fuel charges on domestic and international flights from March 14, including a charge of 900 rupees for flights to the Middle East and a charge of 2,300 rupees for flights to Europe.
The company is also lobbying the Indian government to cut fuel taxes, sources told Reuters.
JETBLUE AIRWAYS JBLU.O
The U.S.-based low-cost carrier said it was increasing fees for optional services such as checked baggage as it experiences "rising operating costs". Baggage prices will rise by either $4 or $9, it said.
KOREAN AIR
The South Korean carrier will enter emergency management mode from April, as rising oil prices weigh on costs, a source with knowledge of the matter told Reuters. The airline plans to implement phased response measures based on oil price levels, and step up company-wide cost efficiency to offset surging fuel costs.
AIRLINE OPERATORS OF NIGERIA
The Nigerian industry body warned that Nigerian airlines would suspend all flight operations from April 20 unless fuel prices are reduced, as it accused the country's fuel industry association of artificially raising prices in a letter seen by Reuters.
PAKISTAN INTERNATIONAL AIRLINES
The carrier said it would raise domestic flight fares by $20 and international fares by up to $100, citing higher fuel surcharges.
QANTAS AIRWAYS QAN.AX
Australia's Qantas said it had delayed a planned A$150 million ($106 million) buyback and was raising its estimated fuel bill for the second half of 2026 to A$3.1 billion-A$3.3 billion, from a previous A$2.5 billion forecast.
SAS
The Scandinavian airline said it would cancel 1,000 flights in April because of high oil and jet fuel prices, after cancelling a "couple hundred" flights in March.
SAS, which had already increased flight prices, said that even if it tried to absorb the rising fuel costs, the price surge would still be a blow to the aviation industry.
SPRING AIRLINES 601021.SS
The budget Chinese airline said it would raise fuel surcharges on domestic flights from April 5, with details to be announced later.
SOUTHWEST AIRLINES LUV.N
The American carrier said it would hike checked baggage fees by $10 for the first and second bags, raising costs to $45 for the first bag and $55 for the second.
TAP
The Portuguese airline said its price hikes would partially mitigate the impact of fuel price changes on its revenue.
THAI AIRWAYS THAI.BK
The Thailand-based carrier said it would raise fares by 10% to 15% to address rising fuel costs.
TURKISH AIRLINES THYAO.IS, LUFTHANSA LHAG.DE
SunExpress, a joint venture between Turkish Airlines and Lufthansa, said it would impose a temporary fuel surcharge of 10 euros per passenger from May 1 on routes between Turkey and Europe. The surcharge will apply to bookings made on or after April 1 for departures on or after May 1.
Turkish Airlines said on April 10 it had decided not to distribute any dividend from its 2025 net profit, opting to retain earnings to preserve cash.
T'WAY AIR 091810.KS
The South Korean low-cost carrier said it planned to furlough some of its cabin crew without pay in May and June as part of measures to address the impact of the war.
UNITED AIRLINES UAL.O
The U.S. airline is cutting unprofitable flights over the next two quarters as it prepares for oil prices to remain above $100 until the end of 2027, CEO Scott Kirby said.
United has been able to raise fares without materially hurting bookings in response to the rapid increase in oil and jet fuel prices, Chief Commercial Officer Andrew Nocella said.
It is also increasing first and second checked bag fees by $10 for customers travelling in the U.S., Mexico and Canada and Latin America, it said in an e-mailed statement to Reuters.
VIETJET VJC.HM
The Vietnamese budget airline said it had adjusted flight frequency on selected routes due to potential fuel shortages.
VIETNAM AIRLINES HVN.HM
The carrier plans to cancel 23 flights per week across domestic routes from April, Vietnam's aviation authority said, after the airline requested government assistance to remove an environmental tax on jet fuel.
VIRGIN ATLANTIC
The airline is adding fuel surcharges to fares but will still struggle to return to profitability this year, its CEO Corneel Koster told the Financial Times.
VIRGIN AUSTRALIA VGN.AX
Virgin Australia said it expected an increase in jet fuel cost of around A$30 million-A$40 million for the second half of this fiscal year, and a 1% reduction in capacity in the fourth quarter.
The airline previously said it was adjusting fares to reflect rising cost pressures.
WESTJET
The Canadian airline will add a C$60 ($43) fuel surcharge to some bookings and combine flights as costs soar, the Canadian Press reported.
($1 = 0.8557 euros)
($1 = 92.6520 Indian rupees)
($1 = 6.8306 Chinese yuan renminbi)
($1 = 7.8319 Hong Kong dollars)
($1 = 1.3834 Canadian dollars)
($1 = 1.4118 Australian dollars)
($1 = 0.7389 pounds)
(Reporting by Mireia Merino, Marleen Kaesebier, Bernadette Hogg, Dimitri Rhodes and Aishwarya Jain; Editing by Matt Scuffham, Milla Nissi-Prussak and Leroy Leo)
Updates Easyjet, adds Airline Operators of Nigeria
April 16 (Reuters) - A surge in jet fuel prices driven by the U.S.-Israeli war on Iran has upended the global aviation industry, forcing airlines to raise fares and revise their financial outlooks.
Jet fuel prices have soared from $85 to $90 per barrel to $150 to $200 per barrel in recent weeks, a financial hit for an industry where fuel accounts for up to a quarter of operating expenses.
Below is a list of how airlines are responding, in alphabetical order:
AEGEAN AIRLINES AGNr.AT
The Greek airline expects suspended Middle East flights and a spike in fuel prices to have a "notable impact" on its first-quarter results.
AIRASIA X AIRX.KL
The Malaysian airline's executives said the company had cut 10% of flights across the group, with a surcharge of about 20% on fuel in general.
AIR FRANCE-KLM AIRF.PA
The airline group said it planned to increase long-haul ticket prices to address surging fuel costs, with cabin fares set to rise by 50 euros ($58) per round trip.
AIR INDIA
The Indian carrier said it would revise its fuel surcharge from a flat domestic surcharge to a distance-based grid. It said surcharges on international routes did not compensate for the exponential rise in fuel prices.
AIR NEW ZEALAND AIR.NZ
The airline said on April 7 it would slash flights through May and June and hike fares, having been one of the first to announce broad increases to ticket prices when the conflict broke out. It also suspended its full-year earnings forecast due to fuel market volatility.
AKASA AIR
India's Akasa Air said it was introducing a fuel surcharge ranging between 199 and 1,300 Indian rupees ($2 to $14) on domestic and international flights.
ALASKA AIR ALK.N
The U.S. airline said it would increase fees for the first checked bag by $5 and by $10 for the second on its North American flights, as well as for its Hawaiian Airlines unit. It hiked prices for a third checked bag from $50 to $200.
AMERICAN AIRLINES AAL.O
The U.S. carrier said it would hike checked baggage fees by $10 each for the first and second checked bags and by $150 for the third checked bag on domestic and short-haul international flights. It also trimmed certain benefits for economy passengers.
It had earlier said it expected a $400 million increase in first-quarter expenses due to fuel prices.
CATHAY PACIFIC 0293.HK
The Hong Kong airline said it would cut some flight from mid-May until the end of June, cancelling about 2% of its scheduled passenger flights, while its budget airline HK Express was cutting around 6% of flights.
The carrier previously said it would hike its fuel surcharge by 34% across routes from April 1 and review them every two weeks.
CEBU AIR CEB.PS
The Philippines-based airline said the sharp rise in fuel prices was a key concern and it would continue to review its pricing and network strategies to mitigate the impact.
CHINA EASTERN AIRLINES 600115.SS
The airline said it would raise fuel surcharges for domestic flights from April 5, with flights of 800km and below hit with a 60 yuan ($9) surcharge and a 120 yuan surcharge for flights over 800km.
DELTA AIR LINES DAL.N
Delta said it would cut capacity by around 3.5 percentage points from its original plan and raise fees for checked bags in an attempt to offset soaring jet fuel costs, with an increase of $10 on first and second checked bags and a $50 increase on the third.
The U.S. airline pulled all planned capacity growth for the current quarter and forecast profit below Wall Street expectations. Delta CEO said it would hold off on updating the full-year outlook given uncertainty over how long the fuel price spike would last.
EASYJET EZJ.L
EasyJet warned of a bigger half-year pre-tax loss of between 540 million and 560 million pounds ($731 million and $758 million), including 25 million pounds in extra fuel costs in March.
CEO Kenton Jarvis previously said European consumers should expect higher ticket prices towards the end of summer, when existing fuel hedges come to an end.
FRONTIER AIRLINES ULCC.O
The U.S. airline is reviewing its full-year forecast as fuel prices have increased significantly since it issued the outlook.
GREATER BAY AIRLINES
The Hong Kong-based company said it would raise fuel surcharges on most routes from April 1, while keeping them unchanged on mainland China and Japan routes.
Its surcharge for flights between Hong Kong and the Philippines will more than double, the carrier said.
HONG KONG AIRLINES
The airline said it would raise fuel surcharges by up to 35% from March 12, with the sharpest increase on flights between Hong Kong and the Maldives, Bangladesh and Nepal, where charges would rise to HK$384 ($49) from HK$284.
IAG ICAG.L
British Airways-owner IAG said in March it did not plan to increase ticket prices immediately, as it had hedged much of its fuel for the short- to medium-term.
INDIGO INGL.NS
India's biggest airline said it would introduce fuel charges on domestic and international flights from March 14, including a charge of 900 rupees for flights to the Middle East and a charge of 2,300 rupees for flights to Europe.
The company is also lobbying the Indian government to cut fuel taxes, sources told Reuters.
JETBLUE AIRWAYS JBLU.O
The U.S.-based low-cost carrier said it was increasing fees for optional services such as checked baggage as it experiences "rising operating costs". Baggage prices will rise by either $4 or $9, it said.
KOREAN AIR
The South Korean carrier will enter emergency management mode from April, as rising oil prices weigh on costs, a source with knowledge of the matter told Reuters. The airline plans to implement phased response measures based on oil price levels, and step up company-wide cost efficiency to offset surging fuel costs.
AIRLINE OPERATORS OF NIGERIA
The Nigerian industry body warned that Nigerian airlines would suspend all flight operations from April 20 unless fuel prices are reduced, as it accused the country's fuel industry association of artificially raising prices in a letter seen by Reuters.
PAKISTAN INTERNATIONAL AIRLINES
The carrier said it would raise domestic flight fares by $20 and international fares by up to $100, citing higher fuel surcharges.
QANTAS AIRWAYS QAN.AX
Australia's Qantas said it had delayed a planned A$150 million ($106 million) buyback and was raising its estimated fuel bill for the second half of 2026 to A$3.1 billion-A$3.3 billion, from a previous A$2.5 billion forecast.
SAS
The Scandinavian airline said it would cancel 1,000 flights in April because of high oil and jet fuel prices, after cancelling a "couple hundred" flights in March.
SAS, which had already increased flight prices, said that even if it tried to absorb the rising fuel costs, the price surge would still be a blow to the aviation industry.
SPRING AIRLINES 601021.SS
The budget Chinese airline said it would raise fuel surcharges on domestic flights from April 5, with details to be announced later.
SOUTHWEST AIRLINES LUV.N
The American carrier said it would hike checked baggage fees by $10 for the first and second bags, raising costs to $45 for the first bag and $55 for the second.
TAP
The Portuguese airline said its price hikes would partially mitigate the impact of fuel price changes on its revenue.
THAI AIRWAYS THAI.BK
The Thailand-based carrier said it would raise fares by 10% to 15% to address rising fuel costs.
TURKISH AIRLINES THYAO.IS, LUFTHANSA LHAG.DE
SunExpress, a joint venture between Turkish Airlines and Lufthansa, said it would impose a temporary fuel surcharge of 10 euros per passenger from May 1 on routes between Turkey and Europe. The surcharge will apply to bookings made on or after April 1 for departures on or after May 1.
Turkish Airlines said on April 10 it had decided not to distribute any dividend from its 2025 net profit, opting to retain earnings to preserve cash.
T'WAY AIR 091810.KS
The South Korean low-cost carrier said it planned to furlough some of its cabin crew without pay in May and June as part of measures to address the impact of the war.
UNITED AIRLINES UAL.O
The U.S. airline is cutting unprofitable flights over the next two quarters as it prepares for oil prices to remain above $100 until the end of 2027, CEO Scott Kirby said.
United has been able to raise fares without materially hurting bookings in response to the rapid increase in oil and jet fuel prices, Chief Commercial Officer Andrew Nocella said.
It is also increasing first and second checked bag fees by $10 for customers travelling in the U.S., Mexico and Canada and Latin America, it said in an e-mailed statement to Reuters.
VIETJET VJC.HM
The Vietnamese budget airline said it had adjusted flight frequency on selected routes due to potential fuel shortages.
VIETNAM AIRLINES HVN.HM
The carrier plans to cancel 23 flights per week across domestic routes from April, Vietnam's aviation authority said, after the airline requested government assistance to remove an environmental tax on jet fuel.
VIRGIN ATLANTIC
The airline is adding fuel surcharges to fares but will still struggle to return to profitability this year, its CEO Corneel Koster told the Financial Times.
VIRGIN AUSTRALIA VGN.AX
Virgin Australia said it expected an increase in jet fuel cost of around A$30 million-A$40 million for the second half of this fiscal year, and a 1% reduction in capacity in the fourth quarter.
The airline previously said it was adjusting fares to reflect rising cost pressures.
WESTJET
The Canadian airline will add a C$60 ($43) fuel surcharge to some bookings and combine flights as costs soar, the Canadian Press reported.
($1 = 0.8557 euros)
($1 = 92.6520 Indian rupees)
($1 = 6.8306 Chinese yuan renminbi)
($1 = 7.8319 Hong Kong dollars)
($1 = 1.3834 Canadian dollars)
($1 = 1.4118 Australian dollars)
($1 = 0.7389 pounds)
(Reporting by Mireia Merino, Marleen Kaesebier, Bernadette Hogg, Dimitri Rhodes and Aishwarya Jain; Editing by Matt Scuffham, Milla Nissi-Prussak and Leroy Leo)
FACTBOX-Airlines cancel flights amid Middle East conflict
Updates Air Europa, KLM under Air France-KLM
April 15 (Reuters) - Global air travel remains severely disrupted, with many people unable to fly as planned to destinations after the Iran war forced the closure of major Middle Eastern hubs, including Dubai, Doha and Abu Dhabi.
Below is the latest on flights, in alphabetical order:
AEGEAN AIRLINES AGNr.AT
Greece's largest carrier cancelled flights to Riyadh and Amman until June 27 and to Tel Aviv and Beirut until June 26. It cancelled flights to Erbil and Baghdad until July 2 and to Dubai until June 29.
AIRBALTIC
Latvia's airBaltic says flights to Tel Aviv have been cancelled until May 31. Flights to Dubai are cancelled until October 24.
AIR CANADA AC.TO
The Canadian carrier has cancelled flights to Tel Aviv and Dubai until September 7.
AIR EUROPA
The Spanish airline has cancelled flights to Tel Aviv until May 31.
AIR FRANCE-KLM AIRF.PA
Air France has suspended its Tel Aviv, Beirut, Dubai and Riyadh flights until May 3.
KLM has suspended flights to Riyadh and Dammam until May 17 and to Dubai until June 14.
CATHAY PACIFIC 0293.HK
The Hong Kong airline has cancelled flights to Dubai and Riyadh until June 30. To cater for a surge in demand to Europe, it will operate extra passenger flights to London, Paris and Zurich in April.
DELTA DAL.N
The U.S. carrier has cancelled its New York-Tel Aviv flights and delayed the restart of its Atlanta-Tel Aviv route until September 5. It said the launch of its Boston-Tel Aviv route, planned for late October, has been delayed until further notice.
EL AL ISRAEL AIRLINES ELAL.TA
The Israeli carrier said customers who planned to depart Israel through April 18 have had their flights cancelled, including relevant return flights.
It will increase the number of destinations to about 30 from April 13 and will gradually expand that number through the rest of the month.
EMIRATES
The UAE airline has said it is operating a reduced flight schedule following a partial reopening of regional airspace.
ETIHAD AIRWAYS
The UAE carrier has said it is operating a commercial flight schedule between Abu Dhabi and around 80 destinations.
FINNAIR FIA1S.HE
The Finnish carrier has cancelled its Doha flights until July 2, while continuing to avoid the airspace of Iraq, Iran, Syria and Israel. The airline only restarts its Dubai flights in October.
FLYNAS 4264.SE
The Saudi budget airline has suspended flights to Dubai, Abu Dhabi, Sharjah, Doha, Bahrain, Kuwait, Iraq and Syria until April 15.
IAG ICAG.L
IAG-owned British Airways is reducing flights to the Middle East when services resume, permanently dropping Jeddah as a destination, while adding capacity to India and Africa.
It plans to reduce services to Dubai, Doha and Tel Aviv to one daily flight from July 1, and to cut Riyadh services from two daily flights to one from mid‑May. Changes apply through the summer season that ends on October 24, with one Dubai service restarting on October 16.
IAG's Spanish low-cost airline Iberia Express has cancelled flights to Tel Aviv through May 31.
JAPAN AIRLINES 9201.T
Japan Airlines has suspended scheduled Tokyo-Doha flights until May 10 and Doha-Tokyo flights until May 11. The airline also announced extra flights between Tokyo and London on April 25.
LOT
The Polish airline suspended its flights to Tel Aviv until May 31. It also cancelled flights to Riyadh until June 30 and to Beirut from March 31 to May 30. The airline plans to operate its winter route to Dubai in October.
LUFTHANSA GROUP LHAG.DE
Lufthansa, Swiss, Austrian Airlines, Brussels Airlines, ITA Airways and Edelweiss suspended flights to Dubai and Tel Aviv until May 31, and to Abu Dhabi, Amman, Beirut, Dammam, Riyadh, Erbil, Muscat and Tehran until October 24. Lufthansa Cargo is the same, except for the Tel Aviv suspension, which will last through April 30.
Low-cost carrier Eurowings plans to suspend flights to Tel Aviv, Beirut and Erbil through April 30 and to Dubai, Abu Dhabi and Amman through October 24.
MALAYSIA AIRLINES
The Malaysian carrier suspended flights to Doha until June 14.
NORWEGIAN AIR NAS.OL
The low-cost airline has pushed back planned launches of its Tel Aviv and Beirut services to June 15.
PEGASUS PGSUS.IS
Turkey's Pegasus Airlines cancelled its Iran, Iraq, Amman, Beirut, Kuwait, Bahrain, Doha, Dammam, Riyadh, Dubai, Abu Dhabi and Sharjah flights until May 1.
ROYAL AIR MAROC
The Moroccan carrier says flights to Doha are cancelled until June 30 and those to Dubai until May 31.
QANTAS QAN.AX
Australia's flag carrier is adding flights to Rome and Paris to meet an upswing in demand for European routes. Flights to Paris will increase to five return flights per week from three and the Perth-Singapore service will increase from daily to 10 flights per week. An updated schedule will come into effect progressively for flights from mid-April and run until late July.
QATAR AIRWAYS
The carrier said it is gradually increasing flights from Doha to more than 120 destinations by mid-May.
SINGAPORE AIRLINES SIAL.SI
The carrier extended its Singapore-Dubai flights suspension until May 31, while adding services on the Singapore-London Gatwick and Singapore-Melbourne routes from late March until October 24 to meet higher demand.
TURKISH AIRLINES THYAO.IS
SunExpress, Turkish Airlines' joint venture with Lufthansa, has cancelled flights to Dubai until April 30.
WIZZ AIR WIZZ.L
The low-cost airline is delaying the return of flights to Israel until May 4, and is suspending flights to Dubai, Abu Dhabi and Amman from mainland European destinations until mid-September. All flights to Medina have been suspended indefinitely.
(Compiled by Josephine Mason, Jamie Freed, Elviira Luoma, Tiago Brandao, Agnieszka Olenska, Bernadette Hogg, Boleslaw Lasocki and Romolo Tosiani. Editing by Sumana Nandy, Joe Bavier, Mark Potter and Milla Nissi-Prussak)
(([email protected];))
Updates Air Europa, KLM under Air France-KLM
April 15 (Reuters) - Global air travel remains severely disrupted, with many people unable to fly as planned to destinations after the Iran war forced the closure of major Middle Eastern hubs, including Dubai, Doha and Abu Dhabi.
Below is the latest on flights, in alphabetical order:
AEGEAN AIRLINES AGNr.AT
Greece's largest carrier cancelled flights to Riyadh and Amman until June 27 and to Tel Aviv and Beirut until June 26. It cancelled flights to Erbil and Baghdad until July 2 and to Dubai until June 29.
AIRBALTIC
Latvia's airBaltic says flights to Tel Aviv have been cancelled until May 31. Flights to Dubai are cancelled until October 24.
AIR CANADA AC.TO
The Canadian carrier has cancelled flights to Tel Aviv and Dubai until September 7.
AIR EUROPA
The Spanish airline has cancelled flights to Tel Aviv until May 31.
AIR FRANCE-KLM AIRF.PA
Air France has suspended its Tel Aviv, Beirut, Dubai and Riyadh flights until May 3.
KLM has suspended flights to Riyadh and Dammam until May 17 and to Dubai until June 14.
CATHAY PACIFIC 0293.HK
The Hong Kong airline has cancelled flights to Dubai and Riyadh until June 30. To cater for a surge in demand to Europe, it will operate extra passenger flights to London, Paris and Zurich in April.
DELTA DAL.N
The U.S. carrier has cancelled its New York-Tel Aviv flights and delayed the restart of its Atlanta-Tel Aviv route until September 5. It said the launch of its Boston-Tel Aviv route, planned for late October, has been delayed until further notice.
EL AL ISRAEL AIRLINES ELAL.TA
The Israeli carrier said customers who planned to depart Israel through April 18 have had their flights cancelled, including relevant return flights.
It will increase the number of destinations to about 30 from April 13 and will gradually expand that number through the rest of the month.
EMIRATES
The UAE airline has said it is operating a reduced flight schedule following a partial reopening of regional airspace.
ETIHAD AIRWAYS
The UAE carrier has said it is operating a commercial flight schedule between Abu Dhabi and around 80 destinations.
FINNAIR FIA1S.HE
The Finnish carrier has cancelled its Doha flights until July 2, while continuing to avoid the airspace of Iraq, Iran, Syria and Israel. The airline only restarts its Dubai flights in October.
FLYNAS 4264.SE
The Saudi budget airline has suspended flights to Dubai, Abu Dhabi, Sharjah, Doha, Bahrain, Kuwait, Iraq and Syria until April 15.
IAG ICAG.L
IAG-owned British Airways is reducing flights to the Middle East when services resume, permanently dropping Jeddah as a destination, while adding capacity to India and Africa.
It plans to reduce services to Dubai, Doha and Tel Aviv to one daily flight from July 1, and to cut Riyadh services from two daily flights to one from mid‑May. Changes apply through the summer season that ends on October 24, with one Dubai service restarting on October 16.
IAG's Spanish low-cost airline Iberia Express has cancelled flights to Tel Aviv through May 31.
JAPAN AIRLINES 9201.T
Japan Airlines has suspended scheduled Tokyo-Doha flights until May 10 and Doha-Tokyo flights until May 11. The airline also announced extra flights between Tokyo and London on April 25.
LOT
The Polish airline suspended its flights to Tel Aviv until May 31. It also cancelled flights to Riyadh until June 30 and to Beirut from March 31 to May 30. The airline plans to operate its winter route to Dubai in October.
LUFTHANSA GROUP LHAG.DE
Lufthansa, Swiss, Austrian Airlines, Brussels Airlines, ITA Airways and Edelweiss suspended flights to Dubai and Tel Aviv until May 31, and to Abu Dhabi, Amman, Beirut, Dammam, Riyadh, Erbil, Muscat and Tehran until October 24. Lufthansa Cargo is the same, except for the Tel Aviv suspension, which will last through April 30.
Low-cost carrier Eurowings plans to suspend flights to Tel Aviv, Beirut and Erbil through April 30 and to Dubai, Abu Dhabi and Amman through October 24.
MALAYSIA AIRLINES
The Malaysian carrier suspended flights to Doha until June 14.
NORWEGIAN AIR NAS.OL
The low-cost airline has pushed back planned launches of its Tel Aviv and Beirut services to June 15.
PEGASUS PGSUS.IS
Turkey's Pegasus Airlines cancelled its Iran, Iraq, Amman, Beirut, Kuwait, Bahrain, Doha, Dammam, Riyadh, Dubai, Abu Dhabi and Sharjah flights until May 1.
ROYAL AIR MAROC
The Moroccan carrier says flights to Doha are cancelled until June 30 and those to Dubai until May 31.
QANTAS QAN.AX
Australia's flag carrier is adding flights to Rome and Paris to meet an upswing in demand for European routes. Flights to Paris will increase to five return flights per week from three and the Perth-Singapore service will increase from daily to 10 flights per week. An updated schedule will come into effect progressively for flights from mid-April and run until late July.
QATAR AIRWAYS
The carrier said it is gradually increasing flights from Doha to more than 120 destinations by mid-May.
SINGAPORE AIRLINES SIAL.SI
The carrier extended its Singapore-Dubai flights suspension until May 31, while adding services on the Singapore-London Gatwick and Singapore-Melbourne routes from late March until October 24 to meet higher demand.
TURKISH AIRLINES THYAO.IS
SunExpress, Turkish Airlines' joint venture with Lufthansa, has cancelled flights to Dubai until April 30.
WIZZ AIR WIZZ.L
The low-cost airline is delaying the return of flights to Israel until May 4, and is suspending flights to Dubai, Abu Dhabi and Amman from mainland European destinations until mid-September. All flights to Medina have been suspended indefinitely.
(Compiled by Josephine Mason, Jamie Freed, Elviira Luoma, Tiago Brandao, Agnieszka Olenska, Bernadette Hogg, Boleslaw Lasocki and Romolo Tosiani. Editing by Sumana Nandy, Joe Bavier, Mark Potter and Milla Nissi-Prussak)
(([email protected];))
FACTBOX-Price hikes, outlook cuts - What airlines are doing as fuel costs surge
Updates Cathay Pacific, adds Qantas, Virgin Atlantic
April 13 (Reuters) - A surge in jet fuel prices driven by the U.S.-Israeli war on Iran has upended the global aviation industry, forcing airlines to raise fares and revise financial outlooks.
Jet fuel prices have soared from $85 to $90 per barrel to $150 to $200 per barrel in recent weeks, a financial hit for an industry where fuel accounts for up to a quarter of operating expenses.
Below is a list of how airlines are responding, in alphabetical order:
AEGEAN AIRLINES AGNr.AT
The Greek airline expects suspended Middle East flights and a spike in fuel prices to have a "notable impact" on its first-quarter results.
AIRASIA X AIRX.KL
The Malaysian airline's executives said the company had cut 10% of flights across the group, with a surcharge of about 20% on fuel in general.
AIR FRANCE-KLM AIRF.PA
The airline group said it planned to increase long-haul ticket prices to address surging fuel costs, with cabin fares set to rise by 50 euros ($58) per round trip.
AIR INDIA
The Indian flag carrier said it would revise its fuel surcharge from a flat domestic surcharge to a distance-based grid. It said surcharges on international routes did not compensate for the exponential rise in jet fuel prices.
AIR NEW ZEALAND AIR.NZ
The airline said on April 7 it would slash flights through May and June and hike fares, having been one of the first to announce broad increases to ticket prices when the conflict broke out. It also suspended its full-year earnings forecast due to fuel market volatility.
AKASA AIR
India's Akasa Air said it was introducing a fuel surcharge ranging between 199 and 1,300 Indian rupees ($2 to $14) on domestic and international flights.
ALASKA AIR ALK.N
The U.S. airline said it would increase fees for the first checked bag by $5 and by $10 for the second on its North American flights, as well as for its Hawaiian Airlines unit. It hiked prices for a third checked bag from $50 to $200.
AMERICAN AIRLINES AAL.O
The U.S. carrier said it would hike checked baggage fees by $10 each for the first and second checked bags and by $150 for the third checked bag on domestic and short-haul international flights. The airline also trimmed certain benefits for economy passengers.
It had earlier said it expected a $400 million increase in first-quarter expenses due to the fuel prices.
CATHAY PACIFIC 0293.HK
The Hong Kong airline said it would cut some flight from mid-May until the end of June, cancelling about 2% of its scheduled passenger flights, while its budget airline HK Express is cutting around 6% of flights. The carrier previously said it would hike its fuel surcharge by 34% across routes from April 1 and review them every two weeks.
CEBU AIR CEB.PS
The Philippines-based airline said the sharp rise in fuel prices was a key concern and it would continue to review its pricing and network strategies to mitigate the impact.
CHINA EASTERN AIRLINES 600115.SS
The airline said it would raise fuel surcharges for domestic flights from April 5, with flights of 800km and below hit with a 60 yuan ($9) surcharge and a 120 yuan surcharge for flights over 800km.
DELTA AIR LINES DAL.N
Delta said it would cut capacity by around 3.5 percentage points from its original plan and raise fees for checked bags in an attempt to offset soaring jet fuel costs, with an increase of $10 on the price of first and second checked bags and a $50 increase on the third checked bag.
The U.S. airline pulled all planned capacity growth for the current quarter and forecast profit below Wall Street expectations. Delta CEO said it would hold off on updating the full-year outlook given uncertainty over how long the fuel price spike would last.
EASYJET EZJ.L
EasyJet CEO Kenton Jarvis said European consumers should expect higher ticket prices towards the end of summer, when existing fuel hedges come to an end.
FRONTIER AIRLINES ULCC.O
The U.S. airline is reviewing its full-year forecast as fuel prices have increased significantly since it issued the outlook.
GREATER BAY AIRLINES
The Hong Kong-based company said it would raise fuel surcharges on most routes from April 1, while keeping them unchanged on mainland China and Japan routes.
Its surcharge for flights between Hong Kong and the Philippines will more than double, the carrier said.
HONG KONG AIRLINES
The airline said it would raise fuel surcharges by up to 35% from March 12, with the sharpest increase on flights between Hong Kong and the Maldives, Bangladesh and Nepal, where charges would rise to HK$384 ($49) from HK$284.
IAG ICAG.L
British Airways-owner IAG said on March 10 it did not plan to increase ticket prices immediately, as it has hedged much of its fuel for the short- to medium-term.
INDIGO INGL.NS
India's biggest airline said it would introduce fuel charges on domestic and international flights from March 14, including a charge of 900 rupees for flights to the Middle East and a charge of 2,300 rupees for flights to Europe.
The company is also lobbying the Indian government to cut fuel taxes, sources told Reuters.
JETBLUE AIRWAYS JBLU.O
The U.S.-based low-cost carrier said it was increasing fees for optional services such as checked baggage as it experiences "rising operating costs". Baggage prices will rise by either $4 or $9, it said.
KOREAN AIR
The South Korean flag carrier will enter emergency management mode from April, as rising oil prices weigh on costs, a source with knowledge of the matter told Reuters. The airline plans to implement phased response measures based on oil price levels, and step up company-wide cost efficiency to offset surging fuel costs.
PAKISTAN INTERNATIONAL AIRLINES
The carrier said it would raise domestic flight fares by $20 and international fares by up to $100, citing higher fuel surcharges.
QANTAS AIRWAYS QAN.AX
Australia's Qantas said it had delayed a planned A$150 million ($106 million) buyback and was raising its estimated fuel bill for the second half of 2026 to A$3.1 billion-A$3.3 billion, from a previous A$2.5 billion forecast.
SAS
The Scandinavian airline said it would cancel 1,000 flights in April because of high oil and jet fuel prices, after cancelling a "couple hundred" flights in March.
SAS, which had already increased flight prices, said that even if it tried to absorb the rising fuel costs, the price surge would still be a blow to the aviation industry.
SPRING AIRLINES 601021.SS
The budget Chinese airline said it would raise fuel surcharges on domestic flights from April 5, with details to be announced later.
SOUTHWEST AIRLINES LUV.N
The American carrier said it would hike checked baggage fees by $10 for the first and second bags, raising costs to $45 for the first bag and $55 for the second.
TAP
The Portuguese airline said its price hikes would partially mitigate the impact of fuel price changes on its revenue.
THAI AIRWAYS THAI.BK
The Thailand-based carrier said it would raise fares by 10% to 15% to address rising fuel costs.
TURKISH AIRLINES THYAO.IS, LUFTHANSA LHAG.DE
SunExpress, a joint venture between Turkish Airlines and Lufthansa, said it would impose a temporary fuel surcharge of 10 euros per passenger from May 1 on routes between Turkey and Europe. The surcharge will apply to bookings made on or after April 1 for departures on or after May 1.
Turkish Airlines said on April 10 it had decided not to distribute any dividend from its 2025 net profit, opting to retain earnings to preserve cash.
T'WAY AIR 091810.KS
The South Korean low-cost carrier said on April 13 it plans to furlough some of its cabin crew without pay in May and June as part of its measures to address the impact of the war in the Middle East.
UNITED AIRLINES UAL.O
The U.S. airline is cutting unprofitable flights over the next two quarters as it prepares for oil prices to remain above $100 until the end of 2027, CEO Scott Kirby said.
United has been able to raise fares without materially hurting bookings in response to the rapid increase in oil and jet fuel prices, Chief Commercial Officer Andrew Nocella said.
The carrier is also increasing first and second checked bag fees by $10 for customers travelling in the U.S., Mexico and Canada and Latin America, it said in an e-mailed statement to Reuters.
VIETJET VJC.HM
The Vietnamese budget airline said it had adjusted flight frequency on selected routes due to potential fuel shortages.
VIETNAM AIRLINES HVN.HM
The carrier plans to cancel 23 flights per week across domestic routes from April, Vietnam's aviation authority said, after the airline requested government assistance to remove an environmental tax on jet fuel.
VIRGIN ATLANTIC
The airline is adding fuel surcharges to fares but will still struggle to return to profitability this year, its CEO Corneel Koster told the Financial Times.
VIRGIN AUSTRALIA VGN.AX
Virgin Australia said it was adjusting fares to reflect rising cost pressures across the aviation sector, which it said were being significantly exacerbated by the situation in the Middle East.
WESTJET
The Canadian airline will add a C$60 ($43) fuel surcharge to some bookings and combine flights as costs soar, the Canadian Press reported.
($1 = 0.8557 euros)
($1 = 92.6520 Indian rupees)
($1 = 6.8306 Chinese yuan renminbi)
($1 = 7.8319 Hong Kong dollars)
($1 = 1.3834 Canadian dollars)
($1 = 1.4118 Australian dollars)
(Reporting by Mireia Merino, Marleen Kaesebier, Bernadette Hogg, Dimitri Rhodes and Aishwarya Jain; Editing by Matt Scuffham, Milla Nissi-Prussak and Leroy Leo)
(([email protected];))
Updates Cathay Pacific, adds Qantas, Virgin Atlantic
April 13 (Reuters) - A surge in jet fuel prices driven by the U.S.-Israeli war on Iran has upended the global aviation industry, forcing airlines to raise fares and revise financial outlooks.
Jet fuel prices have soared from $85 to $90 per barrel to $150 to $200 per barrel in recent weeks, a financial hit for an industry where fuel accounts for up to a quarter of operating expenses.
Below is a list of how airlines are responding, in alphabetical order:
AEGEAN AIRLINES AGNr.AT
The Greek airline expects suspended Middle East flights and a spike in fuel prices to have a "notable impact" on its first-quarter results.
AIRASIA X AIRX.KL
The Malaysian airline's executives said the company had cut 10% of flights across the group, with a surcharge of about 20% on fuel in general.
AIR FRANCE-KLM AIRF.PA
The airline group said it planned to increase long-haul ticket prices to address surging fuel costs, with cabin fares set to rise by 50 euros ($58) per round trip.
AIR INDIA
The Indian flag carrier said it would revise its fuel surcharge from a flat domestic surcharge to a distance-based grid. It said surcharges on international routes did not compensate for the exponential rise in jet fuel prices.
AIR NEW ZEALAND AIR.NZ
The airline said on April 7 it would slash flights through May and June and hike fares, having been one of the first to announce broad increases to ticket prices when the conflict broke out. It also suspended its full-year earnings forecast due to fuel market volatility.
AKASA AIR
India's Akasa Air said it was introducing a fuel surcharge ranging between 199 and 1,300 Indian rupees ($2 to $14) on domestic and international flights.
ALASKA AIR ALK.N
The U.S. airline said it would increase fees for the first checked bag by $5 and by $10 for the second on its North American flights, as well as for its Hawaiian Airlines unit. It hiked prices for a third checked bag from $50 to $200.
AMERICAN AIRLINES AAL.O
The U.S. carrier said it would hike checked baggage fees by $10 each for the first and second checked bags and by $150 for the third checked bag on domestic and short-haul international flights. The airline also trimmed certain benefits for economy passengers.
It had earlier said it expected a $400 million increase in first-quarter expenses due to the fuel prices.
CATHAY PACIFIC 0293.HK
The Hong Kong airline said it would cut some flight from mid-May until the end of June, cancelling about 2% of its scheduled passenger flights, while its budget airline HK Express is cutting around 6% of flights. The carrier previously said it would hike its fuel surcharge by 34% across routes from April 1 and review them every two weeks.
CEBU AIR CEB.PS
The Philippines-based airline said the sharp rise in fuel prices was a key concern and it would continue to review its pricing and network strategies to mitigate the impact.
CHINA EASTERN AIRLINES 600115.SS
The airline said it would raise fuel surcharges for domestic flights from April 5, with flights of 800km and below hit with a 60 yuan ($9) surcharge and a 120 yuan surcharge for flights over 800km.
DELTA AIR LINES DAL.N
Delta said it would cut capacity by around 3.5 percentage points from its original plan and raise fees for checked bags in an attempt to offset soaring jet fuel costs, with an increase of $10 on the price of first and second checked bags and a $50 increase on the third checked bag.
The U.S. airline pulled all planned capacity growth for the current quarter and forecast profit below Wall Street expectations. Delta CEO said it would hold off on updating the full-year outlook given uncertainty over how long the fuel price spike would last.
EASYJET EZJ.L
EasyJet CEO Kenton Jarvis said European consumers should expect higher ticket prices towards the end of summer, when existing fuel hedges come to an end.
FRONTIER AIRLINES ULCC.O
The U.S. airline is reviewing its full-year forecast as fuel prices have increased significantly since it issued the outlook.
GREATER BAY AIRLINES
The Hong Kong-based company said it would raise fuel surcharges on most routes from April 1, while keeping them unchanged on mainland China and Japan routes.
Its surcharge for flights between Hong Kong and the Philippines will more than double, the carrier said.
HONG KONG AIRLINES
The airline said it would raise fuel surcharges by up to 35% from March 12, with the sharpest increase on flights between Hong Kong and the Maldives, Bangladesh and Nepal, where charges would rise to HK$384 ($49) from HK$284.
IAG ICAG.L
British Airways-owner IAG said on March 10 it did not plan to increase ticket prices immediately, as it has hedged much of its fuel for the short- to medium-term.
INDIGO INGL.NS
India's biggest airline said it would introduce fuel charges on domestic and international flights from March 14, including a charge of 900 rupees for flights to the Middle East and a charge of 2,300 rupees for flights to Europe.
The company is also lobbying the Indian government to cut fuel taxes, sources told Reuters.
JETBLUE AIRWAYS JBLU.O
The U.S.-based low-cost carrier said it was increasing fees for optional services such as checked baggage as it experiences "rising operating costs". Baggage prices will rise by either $4 or $9, it said.
KOREAN AIR
The South Korean flag carrier will enter emergency management mode from April, as rising oil prices weigh on costs, a source with knowledge of the matter told Reuters. The airline plans to implement phased response measures based on oil price levels, and step up company-wide cost efficiency to offset surging fuel costs.
PAKISTAN INTERNATIONAL AIRLINES
The carrier said it would raise domestic flight fares by $20 and international fares by up to $100, citing higher fuel surcharges.
QANTAS AIRWAYS QAN.AX
Australia's Qantas said it had delayed a planned A$150 million ($106 million) buyback and was raising its estimated fuel bill for the second half of 2026 to A$3.1 billion-A$3.3 billion, from a previous A$2.5 billion forecast.
SAS
The Scandinavian airline said it would cancel 1,000 flights in April because of high oil and jet fuel prices, after cancelling a "couple hundred" flights in March.
SAS, which had already increased flight prices, said that even if it tried to absorb the rising fuel costs, the price surge would still be a blow to the aviation industry.
SPRING AIRLINES 601021.SS
The budget Chinese airline said it would raise fuel surcharges on domestic flights from April 5, with details to be announced later.
SOUTHWEST AIRLINES LUV.N
The American carrier said it would hike checked baggage fees by $10 for the first and second bags, raising costs to $45 for the first bag and $55 for the second.
TAP
The Portuguese airline said its price hikes would partially mitigate the impact of fuel price changes on its revenue.
THAI AIRWAYS THAI.BK
The Thailand-based carrier said it would raise fares by 10% to 15% to address rising fuel costs.
TURKISH AIRLINES THYAO.IS, LUFTHANSA LHAG.DE
SunExpress, a joint venture between Turkish Airlines and Lufthansa, said it would impose a temporary fuel surcharge of 10 euros per passenger from May 1 on routes between Turkey and Europe. The surcharge will apply to bookings made on or after April 1 for departures on or after May 1.
Turkish Airlines said on April 10 it had decided not to distribute any dividend from its 2025 net profit, opting to retain earnings to preserve cash.
T'WAY AIR 091810.KS
The South Korean low-cost carrier said on April 13 it plans to furlough some of its cabin crew without pay in May and June as part of its measures to address the impact of the war in the Middle East.
UNITED AIRLINES UAL.O
The U.S. airline is cutting unprofitable flights over the next two quarters as it prepares for oil prices to remain above $100 until the end of 2027, CEO Scott Kirby said.
United has been able to raise fares without materially hurting bookings in response to the rapid increase in oil and jet fuel prices, Chief Commercial Officer Andrew Nocella said.
The carrier is also increasing first and second checked bag fees by $10 for customers travelling in the U.S., Mexico and Canada and Latin America, it said in an e-mailed statement to Reuters.
VIETJET VJC.HM
The Vietnamese budget airline said it had adjusted flight frequency on selected routes due to potential fuel shortages.
VIETNAM AIRLINES HVN.HM
The carrier plans to cancel 23 flights per week across domestic routes from April, Vietnam's aviation authority said, after the airline requested government assistance to remove an environmental tax on jet fuel.
VIRGIN ATLANTIC
The airline is adding fuel surcharges to fares but will still struggle to return to profitability this year, its CEO Corneel Koster told the Financial Times.
VIRGIN AUSTRALIA VGN.AX
Virgin Australia said it was adjusting fares to reflect rising cost pressures across the aviation sector, which it said were being significantly exacerbated by the situation in the Middle East.
WESTJET
The Canadian airline will add a C$60 ($43) fuel surcharge to some bookings and combine flights as costs soar, the Canadian Press reported.
($1 = 0.8557 euros)
($1 = 92.6520 Indian rupees)
($1 = 6.8306 Chinese yuan renminbi)
($1 = 7.8319 Hong Kong dollars)
($1 = 1.3834 Canadian dollars)
($1 = 1.4118 Australian dollars)
(Reporting by Mireia Merino, Marleen Kaesebier, Bernadette Hogg, Dimitri Rhodes and Aishwarya Jain; Editing by Matt Scuffham, Milla Nissi-Prussak and Leroy Leo)
(([email protected];))
FACTBOX-Price hikes, outlook cuts - What airlines are doing as fuel costs surge
Adds details on Turkish Airlines in paragraph 63 and T'way Air in paragraphs 64-65
April 13 (Reuters) - A surge in jet fuel prices driven by the U.S.-Israeli war on Iran has upended the global aviation industry, forcing airlines to raise fares and revise financial outlooks.
Jet fuel prices have soared from $85 to $90 per barrel to $150 to $200 per barrel in recent weeks, a financial hit for an industry where fuel accounts for up to a quarter of operating expenses.
Below is a list of how airlines are responding, in alphabetical order:
AEGEAN AIRLINES AGNr.AT
The Greek airline expects suspended Middle East flights and a spike in fuel prices to have a "notable impact" on its first-quarter results.
AIRASIA X AIRX.KL
The Malaysian airline's executives said the company had cut 10% of flights across the group, with a surcharge of about 20% on fuel in general.
AIR FRANCE-KLM AIRF.PA
The airline group said it planned to increase long-haul ticket prices to address surging fuel costs, with cabin fares set to rise by 50 euros ($58) per round trip.
AIR INDIA
The Indian flag carrier said it would revise its fuel surcharge from a flat domestic surcharge to a distance-based grid. It said surcharges on international routes did not compensate for the exponential rise in jet fuel prices.
AIR NEW ZEALAND AIR.NZ
The airline said on April 7 it would slash flights through May and June and hike fares, having been one of the first to announce broad increases to ticket prices when the conflict broke out. It also suspended its full-year earnings forecast due to fuel market volatility.
AKASA AIR
India's Akasa Air said it was introducing a fuel surcharge ranging between 199 and 1,300 Indian rupees ($2 to $14) on domestic and international flights.
ALASKA AIR ALK.N
The U.S. airline said it would increase fees for the first checked bag by $5 and by $10 for the second on its North American flights, as well as for its Hawaiian Airlines unit. It hiked prices for a third checked bag from $50 to $200.
AMERICAN AIRLINES AAL.O
The U.S. carrier said it would hike checked baggage fees by $10 each for the first and second checked bags and by $150 for the third checked bag on domestic and short-haul international flights. The airline also trimmed certain benefits for economy passengers.
It had earlier said it expected a $400 million increase in first-quarter expenses due to the fuel prices.
CATHAY PACIFIC 0293.HK
The Hong Kong airline said it would hike its fuel surcharge by 34% across routes from April 1 and review them every two weeks. The carrier's CEO said it would maintain flight capacity despite the high fuel prices, but that its 10% passenger capacity growth plan could change if demand declines due to high fuel prices.
CEBU AIR CEB.PS
The Philippines-based airline said the sharp rise in fuel prices was a key concern and it would continue to review its pricing and network strategies to mitigate the impact.
CHINA EASTERN AIRLINES 600115.SS
The airline said it would raise fuel surcharges for domestic flights from April 5, with flights of 800km and below hit with a 60 yuan ($9) surcharge and a 120 yuan surcharge for flights over 800km.
DELTA AIR LINES DAL.N
Delta said it would cut capacity by around 3.5 percentage points from its original plan and raise fees for checked bags in an attempt to offset soaring jet fuel costs, with an increase of $10 on the price of first and second checked bags and a $50 increase on the third checked bag.
The U.S. airline pulled all planned capacity growth for the current quarter and forecast profit below Wall Street expectations. Delta CEO said it would hold off on updating the full-year outlook given uncertainty over how long the fuel price spike would last.
EASYJET EZJ.L
EasyJet CEO Kenton Jarvis said European consumers should expect higher ticket prices towards the end of summer, when existing fuel hedges come to an end.
FRONTIER AIRLINES ULCC.O
The U.S. airline is reviewing its full-year forecast as fuel prices have increased significantly since it issued the outlook.
GREATER BAY AIRLINES
The Hong Kong-based company said it would raise fuel surcharges on most routes from April 1, while keeping them unchanged on mainland China and Japan routes.
Its surcharge for flights between Hong Kong and the Philippines will more than double, the carrier said.
HONG KONG AIRLINES
The airline said it would raise fuel surcharges by up to 35% from March 12, with the sharpest increase on flights between Hong Kong and the Maldives, Bangladesh and Nepal, where charges would rise to HK$384 ($49) from HK$284.
IAG ICAG.L
British Airways-owner IAG said on March 10 it did not plan to increase ticket prices immediately, as it has hedged much of its fuel for the short- to medium-term.
INDIGO INGL.NS
India's biggest airline said it would introduce fuel charges on domestic and international flights from March 14, including a charge of 900 rupees for flights to the Middle East and a charge of 2,300 rupees for flights to Europe.
The company is also lobbying the Indian government to cut fuel taxes, sources told Reuters.
JETBLUE AIRWAYS JBLU.O
The U.S.-based low-cost carrier said it was increasing fees for optional services such as checked baggage as it experiences "rising operating costs". Baggage prices will rise by either $4 or $9, it said.
KOREAN AIR
The South Korean flag carrier will enter emergency management mode from April, as rising oil prices weigh on costs, a source with knowledge of the matter told Reuters. The airline plans to implement phased response measures based on oil price levels, and step up company-wide cost efficiency to offset surging fuel costs.
PAKISTAN INTERNATIONAL AIRLINES
The carrier said it would raise domestic flight fares by $20 and international fares by up to $100, citing higher fuel surcharges.
SAS
The Scandinavian airline said it would cancel 1,000 flights in April because of high oil and jet fuel prices, after cancelling a "couple hundred" flights in March.
SAS, which had already increased flight prices, said that even if it tried to absorb the rising fuel costs, the price surge would still be a blow to the aviation industry.
SPRING AIRLINES 601021.SS
The budget Chinese airline said it would raise fuel surcharges on domestic flights from April 5, with details to be announced later.
SOUTHWEST AIRLINES LUV.N
The American carrier said it would hike checked baggage fees by $10 for the first and second bags, raising costs to $45 for the first bag and $55 for the second.
TAP
The Portuguese airline said its price hikes would partially mitigate the impact of fuel price changes on its revenue.
THAI AIRWAYS THAI.BK
The Thailand-based carrier said it would raise fares by 10% to 15% to address rising fuel costs.
TURKISH AIRLINES THYAO.IS, LUFTHANSA LHAG.DE
SunExpress, a joint venture between Turkish Airlines and Lufthansa, said it would impose a temporary fuel surcharge of 10 euros per passenger from May 1 on routes between Turkey and Europe. The surcharge will apply to bookings made on or after April 1 for departures on or after May 1.
Turkish Airlines said on April 10 it had decided not to distribute any dividend from its 2025 net profit, opting to retain earnings to preserve cash.
T'WAY AIR 091810.KS
The South Korean low-cost carrier said on April 13 it plans to furlough some of its cabin crew without pay in May and June as part of its measures to address the impact of the war in the Middle East.
UNITED AIRLINES UAL.O
The U.S. airline is cutting unprofitable flights over the next two quarters as it prepares for oil prices to remain above $100 until the end of 2027, CEO Scott Kirby said.
United has been able to raise fares without materially hurting bookings in response to the rapid increase in oil and jet fuel prices, Chief Commercial Officer Andrew Nocella said.
The carrier is also increasing first and second checked bag fees by $10 for customers travelling in the U.S., Mexico and Canada and Latin America, it said in an e-mailed statement to Reuters.
VIETJET VJC.HM
The Vietnamese budget airline said it had adjusted flight frequency on selected routes due to potential fuel shortages.
VIETNAM AIRLINES HVN.HM
The carrier plans to cancel 23 flights per week across domestic routes from April, Vietnam's aviation authority said, after the airline requested government assistance to remove an environmental tax on jet fuel.
VIRGIN AUSTRALIA VGN.AX
Virgin Australia said it was adjusting fares to reflect rising cost pressures across the aviation sector, which it said were being significantly exacerbated by the situation in the Middle East.
WESTJET
The Canadian airline will add a C$60 ($43) fuel surcharge to some bookings and combine flights as costs soar, the Canadian Press reported.
($1 = 0.8557 euros)
($1 = 92.6520 Indian rupees)
($1 = 6.8306 Chinese yuan renminbi)
($1 = 7.8319 Hong Kong dollars)
($1 = 1.3834 Canadian dollars)
(Reporting by Mireia Merino, Marleen Kaesebier, Bernadette Hogg, Dimitri Rhodes and Aishwarya Jain; Editing by Matt Scuffham, Milla Nissi-Prussak and Leroy Leo)
(([email protected];))
Adds details on Turkish Airlines in paragraph 63 and T'way Air in paragraphs 64-65
April 13 (Reuters) - A surge in jet fuel prices driven by the U.S.-Israeli war on Iran has upended the global aviation industry, forcing airlines to raise fares and revise financial outlooks.
Jet fuel prices have soared from $85 to $90 per barrel to $150 to $200 per barrel in recent weeks, a financial hit for an industry where fuel accounts for up to a quarter of operating expenses.
Below is a list of how airlines are responding, in alphabetical order:
AEGEAN AIRLINES AGNr.AT
The Greek airline expects suspended Middle East flights and a spike in fuel prices to have a "notable impact" on its first-quarter results.
AIRASIA X AIRX.KL
The Malaysian airline's executives said the company had cut 10% of flights across the group, with a surcharge of about 20% on fuel in general.
AIR FRANCE-KLM AIRF.PA
The airline group said it planned to increase long-haul ticket prices to address surging fuel costs, with cabin fares set to rise by 50 euros ($58) per round trip.
AIR INDIA
The Indian flag carrier said it would revise its fuel surcharge from a flat domestic surcharge to a distance-based grid. It said surcharges on international routes did not compensate for the exponential rise in jet fuel prices.
AIR NEW ZEALAND AIR.NZ
The airline said on April 7 it would slash flights through May and June and hike fares, having been one of the first to announce broad increases to ticket prices when the conflict broke out. It also suspended its full-year earnings forecast due to fuel market volatility.
AKASA AIR
India's Akasa Air said it was introducing a fuel surcharge ranging between 199 and 1,300 Indian rupees ($2 to $14) on domestic and international flights.
ALASKA AIR ALK.N
The U.S. airline said it would increase fees for the first checked bag by $5 and by $10 for the second on its North American flights, as well as for its Hawaiian Airlines unit. It hiked prices for a third checked bag from $50 to $200.
AMERICAN AIRLINES AAL.O
The U.S. carrier said it would hike checked baggage fees by $10 each for the first and second checked bags and by $150 for the third checked bag on domestic and short-haul international flights. The airline also trimmed certain benefits for economy passengers.
It had earlier said it expected a $400 million increase in first-quarter expenses due to the fuel prices.
CATHAY PACIFIC 0293.HK
The Hong Kong airline said it would hike its fuel surcharge by 34% across routes from April 1 and review them every two weeks. The carrier's CEO said it would maintain flight capacity despite the high fuel prices, but that its 10% passenger capacity growth plan could change if demand declines due to high fuel prices.
CEBU AIR CEB.PS
The Philippines-based airline said the sharp rise in fuel prices was a key concern and it would continue to review its pricing and network strategies to mitigate the impact.
CHINA EASTERN AIRLINES 600115.SS
The airline said it would raise fuel surcharges for domestic flights from April 5, with flights of 800km and below hit with a 60 yuan ($9) surcharge and a 120 yuan surcharge for flights over 800km.
DELTA AIR LINES DAL.N
Delta said it would cut capacity by around 3.5 percentage points from its original plan and raise fees for checked bags in an attempt to offset soaring jet fuel costs, with an increase of $10 on the price of first and second checked bags and a $50 increase on the third checked bag.
The U.S. airline pulled all planned capacity growth for the current quarter and forecast profit below Wall Street expectations. Delta CEO said it would hold off on updating the full-year outlook given uncertainty over how long the fuel price spike would last.
EASYJET EZJ.L
EasyJet CEO Kenton Jarvis said European consumers should expect higher ticket prices towards the end of summer, when existing fuel hedges come to an end.
FRONTIER AIRLINES ULCC.O
The U.S. airline is reviewing its full-year forecast as fuel prices have increased significantly since it issued the outlook.
GREATER BAY AIRLINES
The Hong Kong-based company said it would raise fuel surcharges on most routes from April 1, while keeping them unchanged on mainland China and Japan routes.
Its surcharge for flights between Hong Kong and the Philippines will more than double, the carrier said.
HONG KONG AIRLINES
The airline said it would raise fuel surcharges by up to 35% from March 12, with the sharpest increase on flights between Hong Kong and the Maldives, Bangladesh and Nepal, where charges would rise to HK$384 ($49) from HK$284.
IAG ICAG.L
British Airways-owner IAG said on March 10 it did not plan to increase ticket prices immediately, as it has hedged much of its fuel for the short- to medium-term.
INDIGO INGL.NS
India's biggest airline said it would introduce fuel charges on domestic and international flights from March 14, including a charge of 900 rupees for flights to the Middle East and a charge of 2,300 rupees for flights to Europe.
The company is also lobbying the Indian government to cut fuel taxes, sources told Reuters.
JETBLUE AIRWAYS JBLU.O
The U.S.-based low-cost carrier said it was increasing fees for optional services such as checked baggage as it experiences "rising operating costs". Baggage prices will rise by either $4 or $9, it said.
KOREAN AIR
The South Korean flag carrier will enter emergency management mode from April, as rising oil prices weigh on costs, a source with knowledge of the matter told Reuters. The airline plans to implement phased response measures based on oil price levels, and step up company-wide cost efficiency to offset surging fuel costs.
PAKISTAN INTERNATIONAL AIRLINES
The carrier said it would raise domestic flight fares by $20 and international fares by up to $100, citing higher fuel surcharges.
SAS
The Scandinavian airline said it would cancel 1,000 flights in April because of high oil and jet fuel prices, after cancelling a "couple hundred" flights in March.
SAS, which had already increased flight prices, said that even if it tried to absorb the rising fuel costs, the price surge would still be a blow to the aviation industry.
SPRING AIRLINES 601021.SS
The budget Chinese airline said it would raise fuel surcharges on domestic flights from April 5, with details to be announced later.
SOUTHWEST AIRLINES LUV.N
The American carrier said it would hike checked baggage fees by $10 for the first and second bags, raising costs to $45 for the first bag and $55 for the second.
TAP
The Portuguese airline said its price hikes would partially mitigate the impact of fuel price changes on its revenue.
THAI AIRWAYS THAI.BK
The Thailand-based carrier said it would raise fares by 10% to 15% to address rising fuel costs.
TURKISH AIRLINES THYAO.IS, LUFTHANSA LHAG.DE
SunExpress, a joint venture between Turkish Airlines and Lufthansa, said it would impose a temporary fuel surcharge of 10 euros per passenger from May 1 on routes between Turkey and Europe. The surcharge will apply to bookings made on or after April 1 for departures on or after May 1.
Turkish Airlines said on April 10 it had decided not to distribute any dividend from its 2025 net profit, opting to retain earnings to preserve cash.
T'WAY AIR 091810.KS
The South Korean low-cost carrier said on April 13 it plans to furlough some of its cabin crew without pay in May and June as part of its measures to address the impact of the war in the Middle East.
UNITED AIRLINES UAL.O
The U.S. airline is cutting unprofitable flights over the next two quarters as it prepares for oil prices to remain above $100 until the end of 2027, CEO Scott Kirby said.
United has been able to raise fares without materially hurting bookings in response to the rapid increase in oil and jet fuel prices, Chief Commercial Officer Andrew Nocella said.
The carrier is also increasing first and second checked bag fees by $10 for customers travelling in the U.S., Mexico and Canada and Latin America, it said in an e-mailed statement to Reuters.
VIETJET VJC.HM
The Vietnamese budget airline said it had adjusted flight frequency on selected routes due to potential fuel shortages.
VIETNAM AIRLINES HVN.HM
The carrier plans to cancel 23 flights per week across domestic routes from April, Vietnam's aviation authority said, after the airline requested government assistance to remove an environmental tax on jet fuel.
VIRGIN AUSTRALIA VGN.AX
Virgin Australia said it was adjusting fares to reflect rising cost pressures across the aviation sector, which it said were being significantly exacerbated by the situation in the Middle East.
WESTJET
The Canadian airline will add a C$60 ($43) fuel surcharge to some bookings and combine flights as costs soar, the Canadian Press reported.
($1 = 0.8557 euros)
($1 = 92.6520 Indian rupees)
($1 = 6.8306 Chinese yuan renminbi)
($1 = 7.8319 Hong Kong dollars)
($1 = 1.3834 Canadian dollars)
(Reporting by Mireia Merino, Marleen Kaesebier, Bernadette Hogg, Dimitri Rhodes and Aishwarya Jain; Editing by Matt Scuffham, Milla Nissi-Prussak and Leroy Leo)
(([email protected];))
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What does Interglobe Aviation do?
InterGlobe Aviation is engaged in the business of aviation, hospitality, logistics, technology, airline management, advanced pilot training and aircraft maintenance engineering. The company is in the low cost carrier (LCC) segment of the airline industry in India. The principal activities of the company comprise of air transportation which includes passenger and cargo services and providing related allied services including in-flight sales.
Who are the competitors of Interglobe Aviation?
Interglobe Aviation major competitors are SpiceJet, Global Vectra Helico. Market Cap of Interglobe Aviation is ₹1,88,606 Crs. While the median market cap of its peers are ₹1,115 Crs.
Is Interglobe Aviation financially stable compared to its competitors?
Interglobe Aviation seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Interglobe Aviation pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Interglobe Aviation latest dividend payout ratio is 5.32% and 3yr average dividend payout ratio is 5.32%
How has Interglobe Aviation allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments
How strong is Interglobe Aviation balance sheet?
Interglobe Aviation balance sheet is weak and might have solvency issues
Is the profitablity of Interglobe Aviation improving?
No, profit is decreasing. The profit of Interglobe Aviation is -₹2,393.6 Crs for TTM, ₹7,258 Crs for Mar 2025 and ₹8,172 Crs for Mar 2024.
Is the debt of Interglobe Aviation increasing or decreasing?
Yes, The net debt of Interglobe Aviation is increasing. Latest net debt of Interglobe Aviation is -₹22,193 Crs as of Mar-26. This is greater than Mar-25 when it was -₹36,124 Crs.
Is Interglobe Aviation stock expensive?
Interglobe Aviation is not expensive. Latest PE of Interglobe Aviation is 0, while 3 year average PE is 18.55. Also latest EV/EBITDA of Interglobe Aviation is 13.89 while 3yr average is 22.23.
Has the share price of Interglobe Aviation grown faster than its competition?
Interglobe Aviation has given better returns compared to its competitors. Interglobe Aviation has grown at ~16.19% over the last 10yrs while peers have grown at a median rate of -5.0%
Is the promoter bullish about Interglobe Aviation?
Promoters seem not to be bullish about the company and have been selling shares in the open market. Latest quarter promoter holding in Interglobe Aviation is 41.57% and last quarter promoter holding is 41.58%
Are mutual funds buying/selling Interglobe Aviation?
The mutual fund holding of Interglobe Aviation is increasing. The current mutual fund holding in Interglobe Aviation is 24.01% while previous quarter holding is 20.73%.