European airlines

European airlines and airports warn that EU border rules are causing travel chaos ahead of the summer peak, leading to severe delays. They are calling for flexibility to suspend the digital border system.

European airlines have left €3.2 billion in unpaid delay compensation, with only a fraction of the €18 billion owed since 2011 being paid out according to FT calculations.

Major European airlines face potential carbon costs exceeding €1.5 billion due to the extension of the EU Emissions Trading Scheme, which has been opposed by flag carriers. The analysis highlights financial risks and policy challenges in the aviation sector.

The price of jet fuel used by most European airlines has increased by half since the start of the war, and US jet fuel could be used in Europe to ease possible shortages. This increase is likely due to disruptions caused by the conflict. The use of US jet fuel may help mitigate potential fuel shortages in Europe.

European airlines face potential closure by September due to ongoing fuel crisis, as warned by Wizz Air CEO József Váradi. The crisis is causing severe financial strain on the industry.

European airlines are canceling tens of thousands of flights due to soaring jet fuel costs linked to the Iran war. Energy authorities warn of a potential jet fuel shortage if supplies are not replenished soon.

European airlines are canceling tens of thousands of flights due to soaring jet fuel costs linked to the Iran war. Energy authorities warn of potential jet fuel shortages if supplies are not replenished soon.