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JET fuel restrictions could hit airlines on a global scale, a major airline owner has warned.

International Airlines Group (IAG), who owns British Airways, Iberia and Aer Lingus, initially said that most of its airlines will unaffected this summer.

However, they warned that if the crisis continues, shortages will result in restrictions across the globe.

They said: “If the current conflict continues to restrict flows of both crude oil and jet fuel from the Middle East, there is the potential for supplies of jet fuel to be restricted on a global basis.

“We are engaging with governments in each of our home markets as well as with the EU to ensure that the industry is getting the support it needs to navigate this situation.”

IAG has said they expect their profit to be lower than anticipated. It also expects spend more than £1.72billion extra on fuel costs that previously predicted.

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FINAL CALL

All of the airlines that have been forced to close this year

FUEL FEAR

All the airlines that have cancelled flights amid jet fuel shortage holiday fears

The closure of the Strait of Hormuz since March has resulted in fears of fuel shortages, and caused airlines to start hiking prices.

Some airlines, such as Lufthansa, Scandinavian Airlines and Cathay Pacific, have already reduced their flights scheduled for the upcoming months in an attempt to avoid cancellations caused by shortages.

Other airlines like Air France and Virgin Atlantic have already increased the cost of flights.

Despite the warnings, UK airlines have said they are not expecting to be affected by cancellations this summer.

Tour operators including Jet2 and TUI have said they are operating a full schedule as planned.

And IAG said that 70 per cent of the company has hedged fuel for the rest of 2026.

Here are all the airlines that have cancelled flights due to the jet fuel crisis.

April 28 (UPI) — Average gas prices in the United States hit $4.18 on Tuesday, their highest level since the Iran conflict started, as peace talks between the country and Iran stalled again over proposals on reopening the Strait of Hormuz.

The price jump of 1.6% over Monday’s price was the highest increase in more than a month, The New York Times reported. AAA numbers show that the average price for a gallon of regular gas marks an increase from $4.11 on Monday and $3.98 a month ago.

The price is the highest since April 2022, soon after the Russia-Ukraine conflict started, and about a 40% increase for drivers since the Iran conflict began. Diesel prices are at $5.46, up about 45% in that time.

Meanwhile, officials from the United States and Iran appear at an impasse over reopening the strait and an Iranian proposal to postpone discussion of that country’s nuclear program, something that President Donald Trump has said he will not agree to, USA Today reported. The conflict, as of midday Tuesday, is in a ceasefire, but both countries continue to limit shipping in the region and face off over the Strait of Hormuz.

Trump on Tuesday posted on Truth Social in an apparent response to German Chancellor Friedrich Merz’s comments Monday criticizing the conflict. Merz said in comments to students that he hopes the conflict ends soon and that United States is being “humiliated” by Iranian leaders, USA Today reported.

“He doesn’t know what he’s talking about!” Trump wrote. “If Iran had a Nuclear Weapon, the whole World would be held hostage. I am doing something with Iran, right now, that other Nations, or Presidents, should have done long ago.”

AIRLINES across Europe could collapse by September if the fuel crisis continues, the boss of Wizz Air has warned.

The ongoing war in Iran has seen the closure of the Strait of Hormuz, one of the world’s busiest shipping routes.

This has meant a shortage in fuel, including jet fuel, which has resulted in prices per barrel doubling in price.

Wizz Air chief executive József Váradi has since warned that airlines will be forced into closing if the prices remain high.

He told the Telegraph: “Airlines go bust two times a year, in September and February [and] airlines with weak liquidity positions will come under immense pressure in September time.

“At the moment, all airlines are selling against summer demand, which is the highest-priced capacity during the year – but you run out of steam by the end of June.”

PLANE MAD

Nine airlines that have cancelled flights as Iran war fuel crisis continues

HOL-D OFF

Brits warned summer holidays ARE at risk of being cancelled as jet fuel runs low

He added that airlines will be fine during summer as they are “making money” due to demand.

However, he said that winter was not the same, which will see a “flood of capacity removed” in September and October.

In the worst chaos scenario – which he called an “Armageddon situation,” Wizz Air could cancel up to 30 per cent of flights.

Lots of airlines have already cancelled flights in recent weeks.

This includes: 

• Lufthansa – 20,000 cancelled up to September
• United – around 250 a month cancelled
• Air New Zealand – around 1,000 cancelled
• Scandinavian Airlines – around 1,000 cancelled
• KLM – 160 cancelled
• Cathay Pacific – two per cent of flights up to June 30

Here are what all the other UK airlines are saying about the fuel crisis.