Vietnamese Airlines Slash Flights From April on Jet Fuel Crunch

Vietnamese airlines will significantly reduce flights and scale back operations from April as soaring jet fuel prices and supply constraints squeeze the industry, prompting carriers to focus on core routes as the Middle East conflict drags on.

Vietnam Airlines, the national carrier, will suspend seven domestic routes from April 1, according to a document from the Civil Aviation Authority of Vietnam. The airline plans to cut 10-20% of its flights per month in the next quarter if jet fuel reaches $160-$200 per barrel, the document said. That could mean up to 18% of its international flights being canceled and up to 26% on domestic routes.