KLM cancels 160 flights due to fuel shortage(www.theguardian.com)
47 pointsby slow_typist8 hours ago8 comments
  • 4 hours ago
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  • whobre2 hours ago
    It is due to the high cost, not shortage.
  • davedx5 hours ago
    This really should be bigger news.
    • guidedlight3 hours ago
      160 flights isn’t really that many, I suspect they are all on commercially marginal routes to begin with.

      In my region, quite a few airlines have cut routes citing the fuel crisis. Including Qantas, Virgin Australia, and Air New Zealand. But again, we aren’t seeing widespread cancellations yet.

  • 5 hours ago
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  • OgsyedIE6 hours ago
    Given that we have the facts about what it is doing to them, can we agree that if Europe doesn't like the existing trajectory of the geopolitical system their only options are to either change it by themselves or compel one or more allies to change it?
    • yostrovs5 hours ago
      There's also the third option that's usually taken: condemnation of the trajectory.
      • bayarearefugee4 hours ago
        But if they do that then Donald Trump will call them a weak loser... got any other options for them?
        • booi4 hours ago
          maybe UN resolution?
  • cjbenedikt6 hours ago
    Remember the days when airlines used to hedge their exposure to fuel prices...???
    • michael19995 hours ago
      You can't really hedge a true shortage. You'll get some money, but you can't pump money into a fuel tank.
    • davedx5 hours ago
      Euro airlines hedge quite a bit actually - Ryanair is one of the most hedged airlines around. US airlines do it a lot less these days; Delta has their own refinery instead.

      Hedging won't make more jet fuel appear though

    • dnemmers6 hours ago
      It looks like quite a few international airlines (most?) hedge their exposure, and some have even been increasing lately:

      https://www.reuters.com/business/energy/how-airlines-have-he...

  • wg08 hours ago
    [flagged]
    • expedition327 hours ago
      Another 3 years to go I think?

      God it already feels like a century.

      • nslsm5 hours ago
        Because the next one won’t bend the knee to Israel.