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exidy a day ago

News outlets around the world continue to misreport this particular phenomena. Demand for air travel is highly elastic. As airlines raise prices to cover the increased cost of fuel, they are cutting capacity to ensure their load factors remain in the profitable range.

This post links to the incorrect article. From the correct one [0]:

> The Dutch airline said: "This concerns a limited number of flights within Europe that, due to rising kerosene costs, are currently no longer financially viable to operate. There is no kerosene shortage."

[0] https://www.theguardian.com/business/2026/apr/16/europe-supp...