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EasyJet Passengers Told 700,000 Seats Axed in Fuel Crisis
The airline said the cuts are a small share of its network as carriers face jet fuel prices about 50% higher, officials said.
EasyJet announced it will cut 700,000 seats from its winter schedule, bringing total reductions to 1.4 million seats between October 2026 and March 2027.
Soaring jet fuel prices, which have roughly doubled since the Iran conflict began in February, prompted the capacity cuts, with fuel costs remaining about 50 per cent higher than pre-conflict levels.
Airline chief executive Kenton Jarvis told the Financial Times that "people are taking capacity out; we see that across all competitors," noting surprise at sustained fuel prices.
Ryanair CEO Michael warned that "the airlines cannot survive unless they pass on these insanely higher fuel costs in the form of higher offers, and the customers will have to pay."
High fuel costs and elevated airfares could persist into 2028, marking the first executive warning that the Iran conflict's knock-on effects could extend well beyond initial expectations.