Flight cuts deepen on fuel shock
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 13 April 2026
⏱️ 6 minutes
🧾️ Download transcript
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Transcript
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| 0:00.0 | Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning. |
| 0:07.6 | It's good to have you here on this Monday, April 13th. I'm Julie Morgan. |
| 0:13.9 | Airlines are starting to cut back their flight schedules more sharply as the ongoing Iran conflict continues disrupting energy supplies. According to new research |
| 0:23.9 | by B&P Parabas, analysts Matt Akers said in a note to clients on Friday that carriers have reduced |
| 0:30.8 | global capacity for April by roughly 7 percent, a deeper pullback than the 5% cut estimated just a week earlier. |
| 0:39.3 | The schedules for May are also starting to weaken, now running about 2% below pre-conflict levels, compared with a marginal decline previously. |
| 0:49.3 | The data suggests that the impact on air travel is becoming more pronounced, as elevated fuel costs and operational |
| 0:56.0 | uncertainty weigh on airline planning. The Middle East remains the epicenter of the disruption. |
| 1:02.7 | Flight schedules in the region are down sharply, with April capacity off by about 43% compared |
| 1:09.0 | with pre-conflict plans, and May schedules currently trailing by around 14%. Outside, |
| 1:15.6 | the Middle East reductions are more moderate, but still broadening. Asian carriers have trimmed |
| 1:20.9 | April schedules by nearly 5% and May by just under 1%. While European airlines are down about 4% for April and slightly below 1% for May. |
| 1:33.1 | In North America, cuts have been relatively limited, with capacity reductions of roughly 2% for April and May. |
| 1:41.0 | For now, demand appears resilient. |
| 1:43.7 | Recent checks with airlines in late March |
| 1:45.9 | indicated little change in passenger behavior, even as geopolitical tensions intensified and |
| 1:52.0 | operating costs climbed. Dutch regulators have cleared the use of Tesla's self-driving software |
| 1:58.6 | with mandatory human supervision on highways and city streets. |
| 2:03.6 | This marks a European first for the EV-maker as it pushes for broader adoption across the EU. |
| 2:10.2 | The Netherlands' approval of the system branded full self-driving supervised, which can steer, |
| 2:16.1 | break, and accelerate, follows more than 18 months of |
| 2:19.6 | testing and evaluation by the Dutch Vehicle Authority, RDW. |
... |
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