economy
Airlines cut routes in response to rising jet fuel costs amid Iran war
Updated on: April 17, 2026 / 5:36 PM EDT / CBS News
TL;DR
- Airlines are cutting summer routes due to rising jet fuel costs, influenced by the Iran war.
- Jet fuel prices have doubled since the conflict began, significantly increasing operating expenses for airlines.
- Delta, Air Canada, and KLM are among the airlines adjusting flight schedules and canceling certain routes.
- The disruption is described as the largest energy crisis in history, with potential for six-week fuel supply shortages in European airports.
- While US airlines are somewhat insulated, travelers flying to Europe may face longer journeys due to potential refueling stops.
- The reopening of the Strait of Hormuz may eventually stabilize fuel prices, but a full recovery is expected to take weeks or months.