Jet fuel prices are soaring, driven by geopolitical tensions, particularly in Iran, drastically affecting the global aviation industry.
Major Hong Kong airlines, including Cathay Pacific and HK Express, are cutting flights on regional and select international routes from mid-May to late June due to rising costs.
Travelers around the world are grappling with higher fares and dwindling flight options, forcing them to rethink their travel plans amidst this economic upheaval.
Experts warn that it will take months for jet fuel supplies to stabilize, even with open shipping routes, creating uncertainty for airlines and passengers alike.
Rationing of jet fuel has been introduced at four airports in northern Italy, prioritizing long-haul and medical flights as supply issues escalate.
Ryanair has cautioned that continued conflict could seriously disrupt summer flight schedules across Europe, adding to travelers' anxieties.
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