Air France owner increases prices as fuel costs surge by $2.4bn
Airline pares growth plans, cuts spending and increases ticket prices in response to Iran war
Airline pares growth plans, cuts spending and increases ticket prices in response to Iran war

US airline faces higher bill from soaring prices driven by Iran war

Company plans to recoup about 60% of higher costs through savings and raising ticket prices

More flights resume across Middle East despite some refuelling disruptions in Oman

Carriers scale back expansion plans as oil prices soar

Company curbs full-year expectations despite record first-quarter sales as Iran war pushes up costs

American carriers’ decision not to hedge future purchases has left them exposed to sharp swings in oil prices