Norse Atlantic CEO: More flights may stop because fuel costs are very high
Introduction
The boss of Norse Atlantic Airways, Eivind Roald, said other airlines may also cancel flights. His company stopped a route from London to Los Angeles for the summer. Fuel prices went up a lot because of the conflict in Iran.
Main Body
The route stopped because of fighting in the Middle East. Iran closed a very important waterway. This waterway is called the Strait of Hormuz. Many ships carry fuel through it. Now fuel is more expensive for airlines. The CEO said his airline will keep flying from London, Athens, and Rome this summer. But he thinks other airlines will cancel more flights. Some airlines say they will not change their plans now. A big group (IATA) warns passengers that flights may be cancelled in May. Another group (IEA) says Europe may not have enough jet fuel in six weeks. The UK is buying fuel from other places, but most of its fuel comes from the Middle East. An expert talked about two possibilities. Best case: ticket prices go up and some routes stop. Worst case: if the waterway stays closed for 6-8 weeks, airlines may have big problems. Many flights could be cancelled. Holiday companies may be affected, but some customers are protected.
Conclusion
The conflict in Iran makes fuel costs high. One airline cancelled summer flights. More cancellations may happen. Some airlines have not changed yet, but experts say problems may continue. The result depends on how long the waterway stays closed.