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Airlines Cut Flights as Jet Fuel Shortages Bite

A chokepoint at the Strait of Hormuz is driving a jet‑fuel squeeze.

Overview

  • Aurigny canceled some UKChannel Islands services from mid‑April to early June and added a £2 fuel surcharge, citing soaring aviation fuel costs tied to the Iran conflict.
  • Ryanair’s Michael O’Leary warned that if the Strait of Hormuz stays closed for two to three more months, airlines may scrap 5% to 10% of flights in May through July.
  • United Airlines told staff it will trim off‑peak and red‑eye flying to cut fuel burn, noting prices at current levels would add about $11 billion to its annual fuel bill.
  • Carriers are taking wider steps as supplies tighten: Air New Zealand will cut about 5% of flights starting in May, SAS is dropping roughly 1,000 flights, Vietnam Airlines suspended seven routes, and Lufthansa is preparing plans that could ground up to 40 aircraft.
  • The IEA said jet fuel is already tight in Asia and could hit Europe next, and analysts warn jet fuel needs specialized storage that keeps reserves low, with Argus flagging the UK as especially exposed.