AssetID: 55636239
Headline: UNCAPTIONED: Lufthansa Cuts 20,000 Flights As Fuel Crisis Bites Aviation
Caption: Lufthansa cuts 20,000 flights as fuel crisis bites aviation. Lufthansa announced the cancellation of 20,000 short-haul flights this summer to offset soaring jet fuel costs. The airline said fuel prices have more than doubled, forcing major operational changes across its European network. Most cuts stem from shutting down the loss-making CityLine fleet and retiring 27 aircraft. The move is expected to save around 40,000 tonnes of jet fuel by October. Rising costs are linked to disrupted oil supplies, with the Strait of Hormuz still largely blocked. Airlines across Europe are under pressure, while passengers face noticeable increases in ticket prices. Ryanair boss Michael O'Leary warned fuel supply disruptions could worsen, calling jet fuel availability an “immediate concern.” Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
Keywords: Current Affairs & Politics,Lufthansa,flight cuts,jet fuel crisis,airline industry,Europe aviation,fuel prices,CityLine,aircraft retirement,Ryanair,Michael O’Leary,Strait of Hormuz,oil supply crisis,ticket prices,global economy
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