Lufthansa Reduces 20,000 Flights Amid Fuel Price Surge Due to Iran Conflict
Lufthansa Airlines has announced the cancellation of 20,000 short-haul flights through October, primarily affecting its hub airports in Frankfurt and Munich. This decision is a response to the rising oil prices and concerns over jet fuel shortages, exacerbated by the ongoing conflict involving Iran. The airline aims to save approximately 40,000 metric tons of jet fuel by cutting less profitable routes. The price of jet fuel has more than doubled since late February, following U.S. and Israeli strikes on Iran, impacting airlines globally. Lufthansa has secured enough jet fuel for the coming weeks and is implementing measures to maintain its fuel supply for the summer. Other major airlines, including Delta, United, and American Airlines, have also canceled flights due to similar challenges.