Major US airlines, including United, American and Southwest, are reducing their flight schedules due to soaring jet fuel prices. This capacity cut primarily targets less profitable routes as carriers seek to protect their profit margins. Jet fuel remains one of the highest operating costs for airlines, and recent price spikes are forcing companies to adopt strict capacity discipline. Analysts observe a correlation between these flight reductions and concerns about crude oil supply constraints, fueling speculation that crude oil could reach an all-time high by year-end.
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