More expensive tickets and fuel surcharges are noticeable when the trip is booked, but several airlines also pull the emergency brake by canceling scheduled flights that become unprofitable when the price of jet fuel skyrockets.
Normally, fuel accounts for about a quarter of the airlines’ costs. Now the share has increased to up to half when the price of jet kerosene gone from 100 dollars a barrel to around 200 due to the crisis in the Persian Gulf.
