← Latest news 
Airlines cut flights and jack up fares as jet fuel shock hits travellers hard worldwide
Economy
Published on 5 May 2026

Millions of seats disappear as fuel costs surge
Global airlines are responding to a jet fuel cost spike and worsening supply worries tied to the Iran conflict. Carriers are removing large numbers of seats from schedules and adjusting routes disrupted by pricing pressure. For travellers, that means fewer flight options and higher ticket costs as airlines scramble to manage the new cost reality.
- Airlines are slashing flights to cope with soaring jet fuel bills
- Fares are rising as carriers pass costs onto passengers
- The Iran conflict is adding supply and route disruption worries
- Many seats are being removed from schedules worldwide
Read the full story at The Economic Times
This summarization was done by Beige for a story published on
The Economic Times
