Travel 22 April 2026 - 6 May 2026

Jet2 warns on summer fuel, reassures UK travellers

Jet2 warns on summer fuel, reassures UK travellers

Jet2 said it will run its summer schedule as planned and not add fuel surcharges, citing increased fuel production and imports outside the Middle East. The UK government will allow imports of jet fuel refined from Russian crude under a sanctions carve-out. The Civil Aviation Authority warned airlines not to cancel flights over higher fuel costs. Ryanair, British Airways, and Wizz Air also reported sufficient fuel supplies.
May 20, 2026
Airfare Shock Deepens As Jet Fuel Crisis Cuts Two Million Seats Before Summer

Airfare Shock Deepens As Jet Fuel Crisis Cuts Two Million Seats Before Summer

Airlines have cut about 13,000 flights worldwide for May, removing two million seats as jet fuel prices surge following the Iran conflict and Strait of Hormuz closure. Lufthansa slashed 20,000 short-haul flights, and fares have jumped, with average U.S. international tickets up 16% from last year. U.S. airlines spent $5 billion on jet fuel in March, up 56% from February. UK carriers face added pressure due to limited fuel supplies.
May 6, 2026
Airline Cancellations Hit May Travel: 2 Million Seats Cut as Jet Fuel Crisis Threatens Summer

Airline Cancellations Hit May Travel: 2 Million Seats Cut as Jet Fuel Crisis Threatens Summer

Airlines worldwide have cut nearly 2 million seats and over 13,000 flights from May schedules, citing surging jet fuel prices and supply concerns. The reductions come as UK and European half-term travel ramps up. Lufthansa and Turkish Airlines made some of the largest cuts, while EasyJet reported no changes. Britain is considering temporary rules to let airlines consolidate flights and return airport slots without penalty.
May 5, 2026
Carnival plc’s London Exit Hits Today as Cruise Giant Moves to One NYSE Stock

Carnival plc’s London Exit Hits Today as Cruise Giant Moves to One NYSE Stock

Carnival plc shares entered their final hours of London trading Tuesday as the company moves to a single New York-listed stock, following UK court approval on May 1. The London line will be disabled in CREST at 6 p.m., with trading suspended May 6 and cancelled May 7. Carnival shareholders approved the unification and redomiciliation to Bermuda last month. FTSE Russell will remove Carnival from major UK indexes starting May 6.
May 5, 2026
UK Summer Flights Could Be Cut As Jet Fuel Shortage Fears Hit Holiday Season

UK Summer Flights Could Be Cut As Jet Fuel Shortage Fears Hit Holiday Season

Britain plans to let airlines cancel or combine summer flights in advance to conserve jet fuel as supply chains tighten after the Strait of Hormuz closure. The Department for Transport says there are no immediate shortages, but airlines will not lose airport slots if they cut flights. The UK imports about 65% of its jet fuel, mostly from the Middle East. Ministers say extra fuel is being sourced from the US, west Africa, and local refineries.
May 5, 2026
Emirates Is Almost Back: 96% Global Network Restored as Dubai Flights Rebuild

Emirates Is Almost Back: 96% Global Network Restored as Dubai Flights Rebuild

Emirates has restored 96% of its global network, now serving 137 destinations in 72 countries with over 1,300 weekly flights. Dubai International handled 18.6 million passengers in Q1, down from 23.4 million a year earlier. UAE air traffic resumed normal operations after restrictions were lifted on February 28. On Monday, missile and drone threats forced flight diversions and caused injuries at Fujairah’s oil zone.
May 4, 2026
Qantas and Jetstar Cuts Stretch to September as Fuel Shock Hits Australian Travellers

Qantas and Jetstar Cuts Stretch to September as Fuel Shock Hits Australian Travellers

Qantas and Jetstar will extend domestic flight capacity cuts through September due to Australia’s ongoing aviation fuel shortage, also trimming international schedules for the July-September quarter. Sydney-Bengaluru flights will be suspended from August to October, while extra Perth-Rome and Paris flights will add 2,000 seats weekly to Europe. The federal government has secured new jet fuel shipments. Jet fuel prices have more than doubled since Qantas’s last update.
May 3, 2026
IAG’s British Airways Pay Setback Puts Summer Travel and May 8 Results in Focus

IAG’s British Airways Pay Setback Puts Summer Travel and May 8 Results in Focus

British Airways pilots narrowly voted against a proposed pay overhaul, with just under 51% opposing changes that included a 4% raise but cuts to pension and flying pay, according to Sky News. The vote comes as IAG, BA’s parent, prepares to report first-quarter results on May 8 and faces rising fuel costs amid sector-wide price hikes. BALPA plans further talks with the airline, which said it would review feedback. IAG shares fell 0.13% to 371.90 pence.
May 1, 2026
US Flight Delays Spread Again As FAA Puts Atlanta, SFO And JFK On Watch After O’Hare Snarl

US Flight Delays Spread Again As FAA Puts Atlanta, SFO And JFK On Watch After O’Hare Snarl

The FAA warned Tuesday that Atlanta, San Francisco, New York JFK, Nashville, and Memphis could face ground stops or delays due to storms and construction. Chicago O’Hare saw 1,242 delays and 491 cancellations Monday, the highest in the country. FlightAware reported 7,198 delays and 620 cancellations on U.S.-linked flights Monday. Early Tuesday, delays and cancellations continued at major hubs.
April 28, 2026
Australia Stock Market Today: ASX Falls for Fifth Day as Oil Shock Turns Focus to RBA

Australia Stock Market Today: ASX Falls for Fifth Day as Oil Shock Turns Focus to RBA

A freight train fault between Bury St Edmunds and Kennett blocked parts of Suffolk’s rail network Monday morning, halting Greater Anglia services until the line reopened at 09:36, National Rail said. Disruption continued into the evening due to separate overhead wire issues at Colchester. Network Rail also launched a level-crossing safety campaign after a survey found most adults underestimate train stopping distances.
April 27, 2026
Ryanair Berlin Base Closure: Why Cheap Flights From Germany Are Back in the Spotlight

Ryanair Berlin Base Closure: Why Cheap Flights From Germany Are Back in the Spotlight

Ryanair will close its Berlin Brandenburg Airport base on Oct. 24, 2026, halving flights to and from Berlin and relocating seven aircraft to other European airports. The airline cited high airport charges and Germany’s tax regime, while Berlin airport officials said they were surprised and not planning fee hikes. Ryanair expects Berlin passenger numbers to drop from 4.5 million to 2.2 million in 2027. Up to 500 jobs may be affected, according to union Verdi.
April 27, 2026
Summer Flights Face Jet Fuel Crunch As UK Moves To Protect Holidays

Summer Flights Face Jet Fuel Crunch As UK Moves To Protect Holidays

Lufthansa will cut 20,000 short-haul flights through October to save fuel after costs surged. UK airlines say they have enough jet fuel, but the government has relaxed airport slot rules in case supplies tighten. Ministers are preparing for possible wider disruptions if Middle East tensions persist. The European Commission has launched a jet fuel observatory and warned a prolonged Strait of Hormuz closure could severely impact supply.
April 26, 2026
Turkish Airlines Cancels Flights to 18 Destinations — and Its Next Move Shows the Real Strategy

Turkish Airlines Cancels Flights to 18 Destinations — and Its Next Move Shows the Real Strategy

Turkish Airlines will suspend flights to 18 international destinations from May and June, including cities in Africa, the Middle East, and Europe, amid airspace disruptions and weaker demand. The changes remove over 100 weekly departures through October, with some routes not returning until at least March 2027. The airline’s flight academy has ordered 10 new Cessna Skyhawks, expanding its training fleet.
April 26, 2026
IAG Fares Are Set To Rise As British Airways Owner Faces A Fuel Shock

IAG Fares Are Set To Rise As British Airways Owner Faces A Fuel Shock

International Consolidated Airlines Group will raise ticket prices due to higher jet fuel costs following the Iran-war fuel shock, though it reports no supply interruptions. Shares fell 1.62% to 377.10p in London on Friday as Brent crude closed at $105.33 a barrel. IAG is seeking government flexibility on airport slots to offset rising costs. The group is set to report first-quarter results on May 8.
April 25, 2026
Jet2 Makes Major Summer Flight Price Promise As Fuel Fears Hit UK Holidays

Jet2 Makes Major Summer Flight Price Promise As Fuel Fears Hit UK Holidays

Jet2 said Friday it will no longer add post-booking surcharges to flights or package holidays, guaranteeing the price paid at booking, with resort taxes excluded. The move comes as rivals including British Airways owner IAG raise fares to offset rising jet fuel costs. The UK government said airlines are not yet facing a jet fuel shortage but relaxed airport slot rules in case of future disruptions. Jet2 has 20 million seats on sale for summer 2026, up 8% from last year.
April 24, 2026
Lufthansa Axes 20,000 Summer Flights As Jet Fuel Shock Hits Europe

Lufthansa Axes 20,000 Summer Flights As Jet Fuel Shock Hits Europe

Lufthansa will cut 20,000 short-haul flights through October, citing a surge in jet fuel prices linked to the Iran conflict. The airline said the move, already affecting 120 daily flights and suspending routes from Frankfurt to Bydgoszcz, Rzeszów, and Stavanger, will save over 40,000 metric tons of fuel. Capacity will drop by less than 1%. Passengers on affected routes have been notified.
April 24, 2026
Qantas Beats Virgin On Punctuality As Fuel Shock And Fare War Bite

Qantas Beats Virgin On Punctuality As Fuel Shock And Fare War Bite

Qantas and QantasLink led Virgin Australia in March on-time arrivals and departures, according to new federal data. Qantas posted 81.9% on-time departures and 80.1% arrivals, ahead of Virgin’s 78.7% and 77.7%. Virgin had a lower cancellation rate at 1.8%, compared to Qantas’ 3.2%. The results come as Qantas launches a domestic fare sale and manages higher fuel costs.
April 24, 2026
Rolls-Royce Holdings plc lands Australia frigate and U.S. Coast Guard work as defence orders build

Rolls-Royce Holdings plc lands Australia frigate and U.S. Coast Guard work as defence orders build

World Star Aviation and Magellan Aviation Group completed a deal for three Boeing 737-800s leased to Eastar Jet, while Aergo Capital sold a 737-800 on lease to Hainan Airlines to Inno One Group. Boeing delivered 143 commercial jets in Q1, outpacing Airbus’s 114. Boeing says first deliveries of the 737-7, 737-10, and 777-9 will come in 2027 amid ongoing supply constraints.
April 23, 2026
Lufthansa Cancels 20,000 Flights As Jet Fuel Shock Hits Summer Travel

Lufthansa Cancels 20,000 Flights As Jet Fuel Shock Hits Summer Travel

Lufthansa Group will cut 20,000 short-haul flights through October, aiming to save over 40,000 metric tons of jet fuel. The move reduces summer capacity by less than 1% in available seat kilometers. The airline cited doubled jet fuel prices since the Iran conflict and began 120 daily cancellations on Monday, affecting routes from Frankfurt to Poland and Norway.
April 22, 2026

Stock Market Today

  • Oil prices drop below $100 on Iran peace deal hopes, markets rise
    May 25, 2026, 8:37 AM EDT. Oil prices fell below $100 a barrel for the first time in two weeks as hopes grow for a US-Iran peace deal. Brent crude dropped 5.5% to just under $98. The conflict's focal point remains Iran's blockade of the Strait of Hormuz, a critical energy chokepoint. Equity markets responded positively, with Japan's Nikkei up nearly 3% and Europe's Stoxx 600 rising 0.8%. The dollar weakened while the pound hit its highest level since May. Analysts caution markets remain wary as past negotiations have stalled. Inflation fears have driven central banks to consider further rate hikes, with the Bank of England expected to raise rates twice in 2024.