{"id":409786,"date":"2026-04-25T06:08:13","date_gmt":"2026-04-25T06:08:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/409786\/"},"modified":"2026-04-25T06:08:13","modified_gmt":"2026-04-25T06:08:13","slug":"more-flight-cancellations-likely-as-fuel-crisis-bites-the-irish-times","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/409786\/","title":{"rendered":"More flight cancellations likely as fuel crisis bites \u2013 The Irish Times"},"content":{"rendered":"<p class=\"c-paragraph paywall \">The aviation industry has seen off geopolitical turmoil, war, terrorism and oil crises throughout the decades, but a looming jet fuel crunch could bring a new set of challenges.<\/p>\n<p class=\"c-paragraph paywall \">After warnings from airline bosses and energy experts that supplies would soon start to dwindle, <a href=\"https:\/\/www.irishtimes.com\/tags\/lufthansa\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/lufthansa\">Lufthansa<\/a> was the first  big European carrier this week to bite the bullet and cancel flights.<\/p>\n<p class=\"c-paragraph paywall \">A total of 20,000 short-haul flights, including the Frankfurt to Cork route, were  dropped by the German airline as it bids to reduce its consumption. Lufthansa was explicit that this was being done in response to rising fuel costs, as opposed to an immediate shortage of fuel.<\/p>\n<p class=\"c-paragraph paywall \"><a href=\"https:\/\/www.irishtimes.com\/tags\/aer-lingus\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/aer-lingus\">Aer Lingus<\/a>, on the other hand, announced a 2 per cent reduction in its summer schedule due to what it called \u201cmandatory maintenance on aircraft\u201d. Up to 23,000 passengers travelling on 430 flights could be disrupted as a result.<\/p>\n<p class=\"c-paragraph paywall \">The decision was greeted with surprise by some travel industry observers \u2013 who questioned why this sort of maintenance couldn\u2019t be organised in such a way that wouldn\u2019t affect the company\u2019s busiest and most lucrative trading period.<\/p>\n<p class=\"c-paragraph paywall \">Irish aviation entrepreneur <a href=\"https:\/\/www.irishtimes.com\/tags\/ulick-mcevaddy\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/ulick-mcevaddy\">Ulick McEvaddy<\/a> has spent the past few days attending a conference on air refuelling in the United States. <\/p>\n<p class=\"c-paragraph b-it-article-body__interstitial-link\">[\u00a0<a aria-label=\"Open related story\" class=\"c-link\" href=\"https:\/\/www.irishtimes.com\/business\/2026\/04\/21\/will-ryanair-have-to-follow-aer-lingus-and-cut-flights\/\" rel=\"noreferrer nofollow noopener\" target=\"_blank\">Will Ryanair have to follow Aer Lingus and cut flights?Opens in new window<\/a>\u00a0]<\/p>\n<p class=\"c-paragraph paywall \">\u201cNobody seems to have any solution to it,\u201d he says. <\/p>\n<p class=\"c-paragraph paywall \">McEvaddy has a bleak outlook on the rest of the year; he believes a significant number of  flights are going to be grounded.<\/p>\n<p class=\"c-paragraph paywall \">\u201cA friend of mine is over here from Amsterdam and they just cancelled the flight on him,\u201d he says. <\/p>\n<p class=\"c-paragraph paywall \">\u201cIt\u2019s going to be a very tough time with the wholesale cancellations of flights.\u201d<\/p>\n<p class=\"c-paragraph paywall \">He agrees the shock to the industry will probably  be greater than that caused by the 1970s energy crisis.<\/p>\n<p class=\"c-paragraph paywall \">\u201cWe don\u2019t have any alternatives to the Strait of Hormuz. And if the Houthis shut down the Red Sea, which they probably will, we\u2019re screwed,\u201d he says, referring to the Iran-backed group in Yemen at the southern end of that sea, another key Middle Eastern shipping route.<\/p>\n<p class=\"c-paragraph paywall \">\u201cCan we get fuel in from the US? Yes, probably, but that will take some time and it is going to be costly as well. It\u2019s a pretty substantial disaster.\u201d<\/p>\n<p class=\"c-paragraph paywall \">The entrepreneur believes the cost to <a href=\"https:\/\/www.irishtimes.com\/tags\/ryanair\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/ryanair\">Ryanair<\/a> and Aer Lingus could be large \u201cI think they\u2019ll be hurt,\u201d he says.<\/p>\n<p class=\"c-paragraph paywall \">McEvaddy compares the potential impact of a prolonged closure of Hormuz to that of the Covid pandemic, which halted international travel.<\/p>\n<p class=\"c-paragraph paywall \">\u201cIt\u2019ll take months for this to return to normal. Even from today it would take two months. And that\u2019s just a six-week shutdown,\u201d he says.<\/p>\n<p class=\"c-paragraph paywall \">\u201cThis is going to go on for months, by the look of it.\u201d<\/p>\n<p class=\"c-paragraph paywall \">As McEvaddy was reporting the cancellation of his friend\u2019s return flight to Amsterdam, Dutch airline KLM was telling the media in Europe that it had grounded 150 flights due to rising costs.<\/p>\n<p class=\"c-paragraph paywall \">It said it would not be operating 80 return flights out of Schiphol airport over the coming month as they were \u201cno longer financially viable\u201d. The airline said the cancelled flights over May represented under 1 per cent of its total.<\/p>\n<p class=\"c-paragraph paywall \">As for Schiphol, Europe\u2019s fourth-busiest hub, it said it would be offering a year-long, 10 per cent discount to carriers due to the spike in jet fuel prices.<\/p>\n<p class=\"c-paragraph b-it-article-body__interstitial-link\">[\u00a0<a aria-label=\"Open related story\" class=\"c-link\" href=\"https:\/\/www.irishtimes.com\/opinion\/editorials\/2026\/04\/20\/the-irish-times-view-on-flight-cancellations-airlines-need-to-be-upfront-with-passengers\/\" rel=\"noreferrer nofollow noopener\" target=\"_blank\">The Irish Times view on flight cancellations: airlines need to be upfront with passengersOpens in new window<\/a>\u00a0]<\/p>\n<p class=\"c-paragraph paywall \">On the other side of the fence from McEvaddy is Stephen Furlong, an aviation analyst with Davy. He is very critical of some of the reporting and the commentary around the jet fuel crisis.<\/p>\n<p class=\"c-paragraph paywall \">\u201cThe reporting on this is inaccurate in my view \u2013 it would suggest that Europe is going to run out of jet fuel,\u201d he says. <\/p>\n<p class=\"c-paragraph paywall \">\u201cIt [jet fuel] certainly needs management \u2013 there is no question that there is an issue \u2013 but it is being made out as if it were an existential issue.\u201d <\/p>\n<p class=\"c-paragraph paywall \">Rather, Furlong believes the crisis is one where airlines exposed to the dramatic rise in the price of jet fuel will be forced to close down or pare back uneconomical routes.<\/p>\n<p class=\"c-paragraph paywall \">\u201cThe price is not overstated \u2013 it has more than doubled. It is a very real risk to airlines,\u201d he says.<\/p>\n<p class=\"c-paragraph paywall \">He cannot say whether the Aer Lingus announcement of maintenance is a \u201ccover\u201d but suggests had it been made at any other time it would have drawn little interest in the media.<\/p>\n<p class=\"c-paragraph paywall \">\u201cWe\u2019ve seen a 1 or 2 per cent reduction in capacity from a number of airlines,\u201d he says, pointing to similar reductions from the likes of United and SAS.<\/p>\n<p class=\"c-paragraph paywall \">\u201cWhat you are seeing with the more global airlines, such as Air France and all of the US airlines, is that they are adding significant fuel surcharges on long-haul,\u201d he says.<\/p>\n<p class=\"c-paragraph paywall \">\u201cAir France is adding \u20ac50-\u20ac200 depending on what class you\u2019re in. United said they are covering the oil price very significantly through price increases. <\/p>\n<p class=\"c-paragraph paywall \">\u201cNot all of the US airlines have hedges in place and they need price increases; they are more exposed than Aer Lingus, Ryanair and a lot of European airlines\u201d.<\/p>\n<p><img decoding=\"async\" data-chromatic=\"ignore\" alt=\"A billboard depicting an arm with an Iranian flag on the sleeve squeezing the Strait of Hormuz in Tehran, Iran. Photograph: Arash Khamooshi\/The New York Times                    \" class=\"c-image\" loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2026\/04\/ZVSC7XPA25H5TQEGLP3MVD767A.jpg\"   width=\"800\" height=\"533\"\/>A billboard depicting an arm with an Iranian flag on the sleeve squeezing the Strait of Hormuz in Tehran, Iran. Photograph: Arash Khamooshi\/The New York Times                     <\/p>\n<p class=\"c-paragraph paywall \">Furlong says Aer Lingus and its parent group IAG have hedged about 62 per cent of their fuel costs for the year \u2013 close to the European average \u2013 while Ryanair has hedged on 80 per cent of its fuel costs. <\/p>\n<p class=\"c-paragraph paywall \">The analyst reckons that price increases and further flight reductions are likely  to intensify in the winter months if the crisis continues, but that the impact on European flyers will be less dramatic than that felt by those travelling with US carriers.<\/p>\n<p class=\"c-paragraph paywall \">This is demonstrated by the guidance provided by the Chicago-based United Airlines earlier this week. <\/p>\n<p class=\"c-paragraph paywall \">The carrier said it would recover 40-50 per cent of the increase in oil prices through fares and other measures in the second quarter, rising to 70-80 per cent in the third quarter and up to 100 per cent by the fourth quarter. In other words its customers will be paying the price of the US intervention in the Middle East.<\/p>\n<p class=\"c-paragraph paywall \">Other airlines have been hiking the general cost of getting on board. <\/p>\n<p class=\"c-paragraph paywall \"><a href=\"https:\/\/www.irishtimes.com\/tags\/american-airlines\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/american-airlines\">American Airlines<\/a> has said it will increase baggage fees by $10 each for the first and second checked bags on domestic and short-haul international flights. If passengers want to add a third bag to the hold they face an eye-watering $150 fee. \u201cBenefits\u201d for economy passengers are also being curtailed in an effort to reduce costs.<\/p>\n<p class=\"c-paragraph paywall \">Furlong believes solutions will be found over the summer months at certain pinch-points in the European airport network. This could involve the tankering of jet fuel from one location to another.<\/p>\n<p class=\"c-paragraph paywall \">However, depending on how the situation in the Gulf evolves, airlines \u201cmight do something more radical in the winter \u2013 the cost base of oil has to be alleviated\u201d.<\/p>\n<p class=\"c-paragraph paywall \">As for now, the politicians in Brussels appear  unfazed.<\/p>\n<p class=\"c-paragraph paywall \">Following an emergency meeting of transport ministers last week, the EU transport commissioner \u2013 who also holds the tourism portfolio \u2013 seemed unconcerned about any risks in the short-term.<\/p>\n<p class=\"c-paragraph paywall \">\u201cThere is no need at this point to intervene in how people live and travel,\u201d said Apostolos Tzitzikostas on Tuesday. \u201cThere is no evidence of actual shortages\u201d.<\/p>\n<p class=\"c-paragraph paywall \">\u201cI can tell you that there is no safer, more stable and more beautiful place to visit than Europe this summer,\u201d said the Greek politician.<\/p>\n<p class=\"c-paragraph paywall \">The immediate strategy of the EU seems to be one of monitoring stocks with a potential mind to draw up a plan for \u201cvoluntary\u201d fuel sharing between EU member states.<\/p>\n<p class=\"c-paragraph paywall \">As the weekend approached, the price of oil futures \u2013 now a guide to broad sentiment about where the Gulf conflict might turn next \u2013 had firmly re-established their perch above $100 a barrel. <\/p>\n<p class=\"c-paragraph paywall \">The physical barrels are reportedly costing well in excess of that, depending on where the oil is being purchased.<\/p>\n<p class=\"c-paragraph paywall \">Unless talks between the US and Iran manage to surprise the markets soon, the ongoing closure of Hormuz will ensure a more expensive holiday for many this summer.<\/p>\n","protected":false},"excerpt":{"rendered":"The aviation industry has seen off geopolitical turmoil, war, terrorism and oil crises throughout the decades, but a&hellip;\n","protected":false},"author":2,"featured_media":409787,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[193612,49502,1130,187211,42,46722,43,5839,40,38,41,39,193613,117],"class_list":{"0":"post-409786","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-headlines","8":"tag-aer-lingus","9":"tag-american-airlines","10":"tag-covid-19","11":"tag-fuel-protests","12":"tag-headlines","13":"tag-lufthansa","14":"tag-news","15":"tag-oil","16":"tag-top-news","17":"tag-top-stories","18":"tag-topnews","19":"tag-topstories","20":"tag-ulick-mcevaddy","21":"tag-united-airlines"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/409786","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=409786"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/409786\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/409787"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=409786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=409786"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=409786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}