Europe’s biggest airlines say fuel price spike caused by Iran war will drive up fares
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Europe's major airlines, represented by Airlines for Europe (A4E), warn that rising fuel prices due to Middle East conflict will lead to increased fares. While airlines have hedged some fuel costs, they anticipate passing on additional expenses to passengers, advising early bookings. Despite some concerns about fuel supplies in Asia, European airlines do not foresee immediate shortages affecting flights in Europe. Some long-haul carriers like Lufthansa and Air France-KLM are adding flights via Asia to compensate for disruptions in the Gulf, potentially regaining market share. A4E is urging European leaders to cut green taxes to help the industry remain competitive with non-EU airlines.
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