"Jet fuel prices have risen more than 80 percent since the US and Israel launched their war on Iran in late February, prompting airlines to hike fares, reduce their schedules, or both."
"The effective closure of the Strait of Hormuz approaches the 10-week mark amid an uneasy truce between the United States and Iran, with global air travel emerging as a major casualty of elevated oil prices."
"I saw prices going up, saw budget airlines cancelling flights often, and wanted to avoid any friction later on, Theodore, who asked to be identified by his first name only, told Al Jazeera."
"In the starkest example of the fallout, US-based budget carrier Spirit Airlines on Saturday announced that it would permanently cease operations in a move widely blamed on soaring fuel costs."
Jet fuel prices have surged over 80% since late February due to geopolitical tensions, leading airlines to cancel flights and reduce schedules. Travelers are feeling the impact, with many opting for full-service carriers to avoid disruptions. For instance, a Malaysian traveler, Theodore, chose to book with Korean Air and Malaysia Airlines to ensure reliability despite higher costs. The situation has forced budget airlines like Spirit Airlines to cease operations, highlighting the severe consequences of rising fuel prices on the airline industry and summer travel.
Read at www.aljazeera.com
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