Air Asia Co., Ltd.

Deutsche Lufthansa AG

United Airlines Holdings, Inc.

Delta Air Lines, Inc.

The war in the Middle East has disrupted energy supply chains, doubling jet fuel prices and forcing major carriers around the world to reduce flights ahead of the peak summer season.

Big test: 19 of 20 major airlines cut flights due to fuel prices

The Boeing Company

US aircraft giant Boeing <a href="https://investors.boeing.com/investors/news/press-release-details/2026/Boeing-Reports-First-Quarter-Results/default.aspx">cut</a> cash outflows and losses in the first quarter, beating analysts' expectations, amid a rise in airplane deliveries to their highest since 2019. At the same time, the company outpaced its main rival, Europe's Airbus Corporation, in deliveries by the most since 2018. Customer and investor confidence is returning.

Boeing overtook Airbus in deliveries and reduced cash outflows. What about the stock?

Air France-KLM SA

International Consolidated Airlines Group S.A.

Jet fuel prices have doubled in recent weeks

Long-haul flights have gone up $100 per person because of the war in Iran. What about tickets?

American Airlines Group Inc.

Shares of United Airlines and American Airlines fell in trading on April 20, after the latter publicly rejected the idea of a merger. American called the deal, which would have resulted in a giant carrier on the market, a threat to competition.

Shares of American Airlines and United fell after rejecting the creation of an airline giant

Aviation fuel stocks in Europe may be left "for six weeks or so," Fatih Birol, head of the International Energy Agency, <a href="https://apnews.com/article/iran-war-europe-jet-fuel-flight-cancellations-birol-6e67fafd493861b3858de5548aa77703">warned</a> in an interview with the Associated Press. Amid the blockade of the Strait of Hormuz due to the Iranian crisis, carriers that depend directly on energy exports from the region continue to face difficulties. Birol said flight cancelations could begin "in the near future" if oil supply problems persist.

Europe may only have enough jet fuel for six weeks - IEA chief

A merged air carrier could become the largest in the world

United and American Airlines rose in price after reports of a possible merger into the giant

The restrictions will be in place until Ma. 31

Dubai to allow foreign airlines no more than one flight per day - Reuters

Clear Secure, Inc.

Hertz Global Holdings, Inc.

Avis Budget Group, Inc.

Trump has promised to bypass Congress to pay off employees who provide security screening at U.S. airports

U.S. airports collapse over budget for security screening. Three stocks are up

Wizz Air Holdings Plc

Cathay Pacific Airways Limited

Air New Zealand Limited

The blockade of a key transit corridor in the Persian Gulf has driven up prices for flights through Dubai and Doha, forcing carriers to pass costs onto passengers

Airfares from Asia to Europe have risen by more than 500%. What will happen to prices next

JetBlue Airways Corporation

Contrary to rising jet fuel costs, Delta Air Lines, American Airlines, JetBlue and Frontier Airlines have all raised their revenue forecasts for the first quarter of 2026

U.S. airlines are recording strong demand despite the war. Their stocks are rising

TD Cowen analysts have lowered earnings forecasts for several major airlines

Airlines in the U.S. have sharply increased prices because of war and oil. Whose business is more protected?

Qantas Airways Limited

How the war in the Middle East will affect air travel to the U.S. is still an open question

Air travel