aerospace / news / / Daily Record
Rising jet fuel costs are putting pressure on airlines, say experts.
Jet fuel prices in Europe have more than doubled since the Strait of Hormuz closure.
KEY POINTS
- DIY holiday bookings now carry higher risk, as airlines owe refunds only for canceled flights.
- Hong Kong Airlines raised fuel surcharges by up to 35% from March 12 due to rising costs.
- Lufthansa will cancel 20,000 flights and United Airlines has increased baggage fees to control costs.
- ATOL-protected package holidays offer full legal refunds if travel plans are disrupted.
COMPANIES
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