Bloomberg
• Allyson Versprille, Siddharth Philip, Sri Taylor
Jet-fuel spike from Middle East turmoil tightens airline capacity, lifts fares and bag fees, and drives schedule cuts and foreca
Rising jet-fuel prices tied to Middle East unrest are pressuring carriers to raise ancillary and base fares while trimming capacity. Executives are warning of route cancellations and profit downgrades, with network disruption expanding beyond fuel to include longer routings and weak investor sentiment as oil supply tightens.
