As predicted, this IS going to be a massive problem for Expats hoping to fly back for home visits. I've read often that the supply of aviation fuel was likely to be the big problem, and here it is.

From the DT today . . . .

First European airline cancels flights as jet fuel prices soar

"Flag carrier for Denmark, Norway and Sweden to scrap hundreds of journeys this week. SAS is the largest carrier so far to cancel flights because of the jet fuel crisis

Scandinavia’s largest airline has become the first major carrier in Europe to scrap flights because of surging fuel prices triggered by the US-Iran war.Scandinavian Airlines System (SAS), the flag carrier for Denmark, Norway and Sweden, said on Tuesday that it will scale back flights in response to the “sharp ⁠and sudden increase” in jet fuel costs. The Stockholm-based company said that the cancellations amount to hundreds of flights this week, although most of the services scrapped are on short routes within Scandinavia where alternative connections are available.

“Given the ongoing situation in the Middle East, including the sharp and sudden increase in global fuel prices, we are taking measures to strengthen our resilience,” said a spokesman. “One such measure is a limited number of short-term flight cancellations.”

The move is significant because SAS is the largest carrier so far to cancel flights because of the jet fuel crisis. SAS ferries around 25 million travellers around the world every year. Last week, Air New Zealand, which carries 16 million passengers a year, also cut flights because of the fuel surge.

SAS’s decision to strike flights from its timetable will stoke concerns that the closure of the Strait of Hormuz could trigger a wider crisis among European airlines as the price of kerosene – the industry’s single biggest cost – makes flying unprofitable.

About half of European jet fuel imports normally pass through the Strait, with Kuwait and Saudi Arabia among major suppliers.

However, SAS has been an outlier among European operators in recent years, “hedging” less of its fuel requirements to save money.

SAS said in February last year that it was hedged on none of its fuel needs for the following 12 months after dropping rules that had required coverage on at least 40pc of consumption.

It is not clear where the carrier’s hedging stands for the current year.

Fuel-hedging protections

Without the hedges, which guarantee access to fuel at a specified price, airlines are fully exposed to fluctuations in crude oil prices, which surged to a four-year high following the start of the US and Israeli war on Iran. International Airlines Group, which owns British Airways (BA), said last week it was largely safeguarded from oil price fluctuations for now, with 80pc of its fuel needs hedged for the rest of March and 70pc for the second quarter.

Low-cost carriers have some of the most comprehensive fuel-hedging policies in place. Ryanair revealed in January that it was 84pc hedged at $77 a barrel for the current quarter and 80pc hedged at $67 for the whole of the fiscal year beginning in April. Experts have nevertheless warned that even those airlines which are well protected could be forced to increase fares for passengers once those hedging protections expire. IAG’s hedging cover drops to less than 60pc of its anticipated needs for the busiest summer months, meaning that BA’s fuel bill could skyrocket if hostilities in the Middle East persist.

SAS had already hiked its fares in a bid to pass on rising fuel costs to passengers, having said that the “magnitude” of the increase was too great for it to absorb.

Major carriers including Air France-KLM, Cathay Pacific and Qantas have done likewise, while stopping short of slashing services."

Thanks again Donald !

45 minutes ago, TorquayFan said:

As predicted, this IS going to be a massive problem for Expats hoping to fly back for home visits. I've read often that the supply of aviation fuel was likely to be the big problem, and here it is.

$400 SIN to FRA on April 7. $275 through Bahrain in June. The article is a nothing burger turned into propaganda. Of course there is a sspike, smart airlines take it into account. Too bad the Scandanavians dont have a military, they could help keep the straight open

3 minutes ago, Yagoda said:

$400 SIN to FRA on April 7. $275 through Bahrain in June. The article is a nothing burger turned into propaganda. Of course there is a sspike, smart airlines take it into account. Too bad the Scandanavians dont have a military, they could help keep the straight open

Nobody wants to get dragged in to a war Trump «forces» his allies to join. Even you understand that, and Nato is a non aggression pact, not a invasion pact.

This is one of the greatest leaders right now, pay attention to what he says about Nato. The world needs more men like him.

13 minutes ago, Hummin said:

Nobody wants to get dragged in to a war Trump «forces» his allies to join.

The war that is designed, in part, to protect the worlds oil. What is Mr. Stubb saying? Surely its a point you are trying to make but need someone else to articulate it

6 minutes ago, Yagoda said:

The war that is designed, in part, to protect the worlds oil. What is Mr. Stubb saying? Surely its a point you are trying to make but need someone else to articulate it

You always have to be so thick, that you deserves a thumbs down!

Nobody wants to join a war Israel and Us started! Period. Nato is not an aggressive pact, and thats what Trump is doing, he put pressure on Nato members to act in a invasion war, and thats not what the pact was designed to be!

Even you understand that if you want to,

43 minutes ago, Yagoda said:

Too bad the Scandanavians dont have a military, they could help keep the straight open

Tell that to Russia:

3 minutes ago, Alan Zweibel said:

Tell that to Russia:

We take care of Europe, Trump go ahead take Venezuela, Cuba, Iran, go, just do not mix us in to it.

Look at the bright side. It will slow down carbon emissions that the global warming crew are always going on about.

1 hour ago, blaze master said:

Look at the bright side. It will slow down carbon emissions that the global warming crew are always going on about.

You mean the war is green?

12 minutes ago, Hummin said:

You mean the war is green?

Ya they are using solar powered rockets didnt you hear.

7 hours ago, Yagoda said:

$400 SIN to FRA on April 7. $275 through Bahrain in June. The article is a nothing burger turned into propaganda. Of course there is a sspike, smart airlines take it into account. Too bad the Scandanavians dont have a military, they could help keep the straight open

Thats for sure. The USA is a exporter of Oil ,reports say we get 1 to 2 % from that region . probably just to help in some ones(country) economic revenue.

You would think the nations affected by the shortage would be eager to escourt their oil from that region.

7 hours ago, Yagoda said:

Too bad the Scandanavians dont have a military, they could help keep the straight open

What this has to do with being straight? Is that the CONSUL of Constantinople you are talking about again?

26 minutes ago, riclag said:

You would think the nations affected by the shortage would be eager to escourt their oil from that region.

I didn't know it were those countries that were the reason for the closure. No it was a sore loser without a plan that caused it.

https://finance.yahoo.com/news/trump-belittles-allies-rejected-iran-180124072.html

Trump Ditches Appeal for Help in Iran War, Slamming Allies

(Bloomberg) -- US President Donald Trump abandoned his effort to recruit partners for the war with Iran and scolded allies who openly rejected his appeals, even as he repeated claims the conflict would end soon.

The US and Israel nonetheless kept up their attacks with little clarity on when operations would end, with Israel saying it had killed Iran’s security chief, Ali Larijani, in an overnight operation. Trump threatened to expand strikes on Kharg Island, Iran’s main export hub, while Gulf countries continued to face attacks from Iran-sent drones.

1 hour ago, riclag said:

Thats for sure. The USA is a exporter of Oil ,reports say we get 1 to 2 % from that region . probably just to help in some ones(country) economic revenue.

You would think the nations affected by the shortage would be eager to escourt their oil from that region.

You would think that any reasonable country would not join a coalition lead by an erratic moron. 😁

3 hours ago, CallumWK said:

What this has to do with being straight? Is that the CONSUL of Constantinople you are talking about again?

No Its called the little microphone button

4 hours ago, riclag said:

Thats for sure. The USA is a exporter of Oil ,reports say we get 1 to 2 % from that region . probably just to help in some ones(country) economic revenue.

You would think the nations affected by the shortage would be eager to escourt their oil from that region.

Why protect what you need when Daddy will do it for you

3 hours ago, BLMFem said:

But hey, maybe China will come to your rescue if you beg long enough.🤣

Their oil.

3 hours ago, BLMFem said:

Too bad the US is led by a demented traitor controlled from Moscow and Tel Aviv, or SOH would have been open.

Good to see you are joining the Joooooooooooos crowd. Great caricature of the modern Dems you are LOL. What colour is your hair hahahahaha

6 minutes ago, Yagoda said:

No Its called the little microphone button

You ridiculed @Tug for making an honest spelling mistake a few days ago, while you make yourself the laughingstock of the forum several times a day, because you are illiterate. Strait and Straight is not a spelling mistake.

And no it's not the little microphone button, it's the uneducated one.

5 minutes ago, CallumWK said:

You ridiculed @Tug for making an honest spelling mistake a few days ago, while you make yourself the laughingstock of the forum several times a day, because you are illiterate. Strait and Straight is not a spelling mistake.

And no it's not the little microphone button, it's the uneducated one.

You are very sad LOL

1 minute ago, Yagoda said:

You are very sad LOL

We all know that the truth makes MAGA members sad.

8 minutes ago, Yagoda said:

Why protect what you need when Daddy will do it for you

Their oil.

Oh gawd, you're such a needy daddy's boy, aren't you.

BTW, the PLAN isn't coming to your daddy's rescue. Why would they? The Iranians are letting Chinese vessels pass through the SOH unhindered.

12 minutes ago, CallumWK said:

You ridiculed @Tug for making an honest spelling mistake a few days ago, while you make yourself the laughingstock of the forum several times a day, because you are illiterate. Strait and Straight is not a spelling mistake.

And no it's not the little microphone button, it's the uneducated one.

Smoking the green stuff makes him a Genius

5 minutes ago, BLMFem said:

The Iranians are letting Chinese vessels pass through the SOH unhindered.

Of course they are. Telling isnt it.

Nothing like some shooting to see how folks roll.

22 minutes ago, CallumWK said:

We all know that the truth makes MAGA members sad.

Only if they could understand and accept the truth as such!

10 minutes ago, Yagoda said:

Of course they are. Telling isnt it.

Nothing like some shooting to see how folks roll.

Yep, and this one is shuffling around yelling HEEEEEEELP!😂

11 hours ago, blaze master said:

Look at the bright side. It will slow down carbon emissions that the global warming crew are always going on about.

Do the solder's firing the drones and ballistic misses, the sailors in the Naval fleets etc have an option when receiving their salary to 'offset their carbon footprint' and virtue signal just like the airlines do when we purchase a ticket ?

Surely there's a glut of Aviation fuel stockpiled at the Middle East Depots by now - when things re-open - flights with the Middle East carriers might (ought) to be highly competitive - the've been eating it for the past three weeks, could could 'bounce' right back once things reopen.

16 minutes ago, richard_smith237 said:

Do the solder's firing the drones and ballistic misses, the sailors in the Naval fleets etc have an option when receiving their salary to 'offset their carbon footprint' and virtue signal just like the airlines do when we purchase a ticket ?

Surely there's a glut of Aviation fuel stockpiled at the Middle East Depots by now - when things re-open - flights with the Middle East carriers might (ought) to be highly competitive - the've been eating it for the past three weeks, could could 'bounce' right back once things reopen.

They could always not sign up for military service in the first place ?

34 minutes ago, blaze master said:

They could always not sign up for military service in the first place ?

Like not go to Iran to clean up Trump's mess. I agree with that

12 minutes ago, CallumWK said:

Like not go to Iran to clean up Trump's mess. I agree with that

Why be so simple minded and no include all wars ?

14 minutes ago, CallumWK said:

Like not go to Iran to clean up Trump's mess.

Its a mess because your side is losing. To us, it looks like victory

2 hours ago, blaze master said:

They could always not sign up for military service in the first place ?

Indeed - they could go hugging tree's instead, or not doing anything and taking social security payouts.