Scandinavian Airlines (SAS) will cancel at least 1,000 flights in April as soaring jet fuel prices linked to the Iran war drive up operating costs, CEO Anko van der Werff has announced.

Major European airlines are pushing to delay or revise upcoming EU rules requiring the use of synthetic sustainable aviation fuel, citing high costs and limited supply.

Airlines around the world are cutting flights and raising ticket prices as the escalating conflict in the Middle East drives jet fuel costs sharply higher and disrupts key air routes. Several major carriers have already adjusted schedules and fares, highlighting the growing impact of the crisis on the global aviation industry.

Airlines around the world are struggling to contain costs after jet fuel prices surged far faster than crude oil, forcing carriers to raise fares, add fuel surcharges and cut flight capacity.

Shares of major U.S. airlines have dropped sharply over the past week as jet fuel prices surged and airfares increased.

Two tankers carrying diesel and jet fuel from Reliance Industries Ltd in India have changed course from Europe to Asia, according to trade sources and shiptracking data. The move reflects rising Asian fuel demand and tightening supply caused by the ongoing conflict in Iran.

South Korea's transport ministry is preparing to instruct all domestic airlines operating Boeing aircraft to inspect their fuel switch systems, following global scrutiny sparked by the recent Air India crash that killed 260 people.

Asia's jet fuel exports to the U.S. West Coast are expected to hit at least a one-year high in May, according to shiptracking data and three trade sources, as refinery outages in California boosted prices and import demand.

Fires are still burning on an oil tanker carrying jet fuel and a cargo ship carrying highly toxic chemicals that collided in the North Sea on Monday morning.