{
    "success": true,
    "data": {
        "id": 1730300,
        "msgid": "13-000-flights-cancelled-ticket-prices-skyrocket-1778464348",
        "date": "2026-05-11 07:35:20",
        "title": "13,000 Flights Cancelled, Ticket Prices Skyrocket",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Economy",
        "summary": "The surge in oil prices, triggered by the Iran conflict and the closure of the Strait of Hormuz, has led to the cancellation of around 13,000 flights worldwide in May 2026, severely impacting airline operations and passenger travel plans. Major carriers like Lufthansa, Turkish Airlines, British Airways, and KLM are reducing routes, swapping to smaller aircraft, and hiking ticket prices on popular routes to cope with doubled jet fuel costs. In response, the UK government has suspended airport slot rules to allow airlines flexibility, highlighting the broader economic ripples of geopolitical tensions on global aviation and holiday travel.",
        "content": "<p>The rise in oil prices is creating turmoil in various industries,\nincluding aviation. Several global airlines have collectively cut around\n13,000 flights during May 2026.<\/p>\n<p>This is due to the surge in aviation turbine fuel (avtur) prices,\nwhich is continuously burdening flight operations amid a fuel crisis\nsparked by the Iran conflict.<\/p>\n<p>According to Euro News, data from aviation analytics firm Cirium\nshows that global airlines have slashed nearly two million flight seats\nin just the last two weeks of April. The number of available seats in\nMay has dropped from 132 million to 130 million.<\/p>\n<p>This reduction is expected to have a significant impact on\npassengers, particularly families planning to travel during the\nhalf-term holidays in the UK and several European countries at the end\nof May. Several major European airlines that have begun cancelling\nflights include Turkish Airlines, Lufthansa, British Airways, and\nKLM.<\/p>\n<p>In addition to cancelling flights, many airlines are also replacing\naircraft with smaller models to save fuel. Lufthansa is one of the most\naffected carriers. The German airline has cut around 20,000 short-haul\nroutes from its summer schedule.<\/p>\n<p>The spike in avtur prices itself was triggered by the Iran conflict\nthat has been ongoing since February. The closure of the Strait of\nHormuz is said to have disrupted about one-fifth of the world\u2019s oil\nsupply, causing jet fuel prices to more than double.<\/p>\n<p>As a result, many global airlines are raising ticket prices on\npopular routes, halting flights on less popular routes, and operating\nsmaller aircraft to reduce fuel consumption.<\/p>\n<p>The UK government has even begun taking emergency measures. UK\nTransport Secretary Heidi Alexander announced that rules on using flight\nslots at UK airports will be temporarily suspended. This means airlines\nlike British Airways can reduce their flight schedules without fear of\nlosing their airport slots to competitors.<\/p>\n<p>Amid the ongoing spring and summer holiday season, passengers are\nalso at risk of sudden schedule changes. In some cases, passengers whose\nflights are not cancelled may be moved to other flights on different\ndays, potentially shortening the duration of their holidays.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/13-000-flights-cancelled-ticket-prices-skyrocket-1778464348",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}