Iran War Turns Cheap European Flights into a Relic (xataka.com)

• 40% of Europe's jet fuel passes through Strait of Hormuz
• Jet fuel prices have doubled due to the Iran war
• Spirit Airlines bankrupt; Ryanair, easyJet, Wizz Air under pressure
• Industry consolidation and higher fares expected long-term

"The Iran conflict has caused jet fuel prices to double, threatening the low-cost airline model in Europe. 40% of Europe's kerosene passes through the Strait of Hormuz, now a major bottleneck. Spirit Airlines has already gone bankrupt, and carriers like Ryanair, easyJet, and Wizz Air face mounting pressure. Thousands of flights have been cancelled, and analysts predict consolidation and permanently higher fares. The era of 20-euro flights may be over, as geopolitical stability and cheap fuel were its hidden foundations."