Business · Energy & Commodities · 1 hr ago

Higher fuel costs put pressure on airlines

Higher fuel costs put pressure on airlines

Higher fuel costs are creating new challenges for airlines, United Airlines’ CEO has warned.

The pressure is also affecting European carriers, including Ryanair, SunExpress and Eurowings.

Ryanair says fuel prices are rising by a historic amount, while SunExpress is reviewing its expansion plans.

Eurowings is considering short-time work, a temporary reduction in employees’ working hours.

More expensive fuel is making airlines cautious about their plans and operations.

The companies are reviewing how to respond, but no further steps or decisions are specified.

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