Airlines Begin to Cut Flying as They Grapple With Fuel Costs
- Gas prices have soared since Russia’s attack on Ukraine
- Capacity reductions imperil rebound of U.S. aviation industry
An Alaska Airlines plane departs Reagan National Airport in Arlington, Virginia.
Photographer: Andrew Harrer/BloombergThis article is for subscribers only.
U.S. airlines have begun paring flight plans due to soaring fuel prices, underscoring the speed at which Russia’s attack on Ukraine has upended the industry and jeopardized a hoped-for rebound this year.
Alaska Air Group Inc. will trim flying by as much as 5% in the first half in response to “the sharp rise in fuel costs,” according to a regulatory filing Tuesday.