easyJet to cut up to 1.4 million seats as jet fuel prices surge
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easyJet announced a reduction of 700,000 seats, bringing its total seat cut to 1.4 million between October 2026 and March 2027.
Jet fuel prices are expected to be 70 percent higher year on year and are currently about 50 percent more expensive than before the war; Michael O’Leary said fare increases will continue, tickets could be up to 20 percent higher next summer, and airlines could face more than another year of elevated fuel costs and higher fares.