Lufthansa Cuts 20,000 Flights Due to Fuel Price Surge Amid Middle East Conflict
Lufthansa, a leading European airline, has announced the cancellation of 20,000 short-haul flights through October as a response to soaring jet fuel prices caused by the ongoing conflict in the Middle East. The airline is focusing these cuts on its hub airports in Frankfurt and Munich to conserve approximately 40,000 metric tons of jet fuel. The conflict has disrupted fuel supplies, particularly affecting the Strait of Hormuz, a critical passage for global oil shipments. This has led to a doubling of jet fuel prices, significantly impacting airline operations worldwide.