European Airlines Warn Higher Fuel Costs Will Be Paid by Flyers

Merca2.es

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RBC and Deutsche Bank analysts have lost confidence in European airlines, including IAG and Ryanair, driven by the crisis in Iran and the consequent increase in the price of fuel. In both cases, the reduction in forecasts and the target price of these companies is around 10%, fearing that fuel shortages will maintain the price increase that has been seen in most of them at the beginning of the year. Indeed, among the companies in which they have…

Deník.cz

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Tensions in the Middle East are starting to affect airlines and European passengers. The conflict over Iran has caused a sharp increase in the price of jet fuel and is complicating air routes between Europe and Asia. The result is pressure on ticket prices. The first European carriers are already canceling flights, and Smartwings has increased its fuel surcharge.

negocios.com

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The closure of the Strait of Ormuz triggers fuel jet prices and threatens international flights. CEOs and governments recommend early reservations.

Wort.lu

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Oil tankers are still stuck in the Persian Gulf, causing concerns about fuel shortages at airlines. The consequences are passed on to passengers.