AssetID: 55605134
Headline: UNCAPTIONED: Airlines Cut Flights And Raise Fares As Fuel Prices Surge
Caption: Airlines Cut Flights And Raise Fares As Fuel Prices Surge. Airlines are cutting flights and raising fares as fuel prices spike amid the Iran conflict. Carriers including Air India and Air New Zealand have already reduced services and increased ticket prices. Jet fuel costs have surged to record highs, putting pressure on airlines where fuel makes up a major share of expenses. Analysts warn travellers should expect more cancellations and higher fares if the crisis continues. The disruption is linked to the Middle East, a key fuel supplier, with shipping routes like the Strait of Hormuz heavily affected. Across Asia, China Eastern Airlines is raising surcharges, while Korean Air has moved into emergency mode. Globally, United Airlines and Air France-KLM are also cutting flights or lifting fares. For now, EasyJet and British Airways owner International Airlines Group have avoided increases thanks to pre-war fuel deals — but that may soon change. Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
Keywords: Current Affairs & Politics,airlines,cut flights,raise fares,fuel prices,surge,Air India,Air New Zealand,Easy Jet,IAG,British Airways,ticket prices,reduced services,Korean Air,China,Strait of Hormuz,Iran conflict
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