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Hugues HONORÉ AFP

Budget airlines first to cut flights as jet fuel prices soar

Budget airlines first to cut flights as jet fuel prices soar

Ryanair, Transavia, Volotea and other low-cost airlines are feeling the financial pain from high jet fuel prices as a result of the Middle East war and are cutting flights. The closure of the Strait of Hormuz has taken a huge chunk of oil supplies off the market, sending the

Threat of grounded planes nears as jet fuel supplies dwindle

Threat of grounded planes nears as jet fuel supplies dwindle

Could planes soon be stuck on the ground due to a lack of fuel? The risk of jet fuel shortages is growing each day the Strait of Hormuz remains closed, although it isn't certain when exactly supplies will run out. The risk of shortages is greatest in Asia,