More than 75,000 flights canceled for June-Sept as fuel prices surge: report

Rising aviation fuel costs driven by the U.S.-Israeli war in Iran have forced major airlines worldwide to reduce their schedules, with more than 75,000 summer flights canceled from June to September, according to aviation industry report.

Citing data from aviation analytics firm Cirium released on Tuesday, Business Insider reported that the cuts, largely announced over the past 10 days, also include the removal of over 9.3 million seats.

The four airlines making the deepest cuts are all U.S. carriers.

Spirit Airlines, an American ultra-low-cost airline, tops the list after announcing it has officially ceased operations, resulting in the cancellation of all 33,000 scheduled flights.

United Airlines follows with cuts of about 21,000 flights. Delta Air Lines plans to reduce about 7,300 flights, while American Airlines will cut roughly 6,400 flights.

European airlines are also under pressure. Germany's Lufthansa Group has slashed more than 5,000 flights.

The U.S. dollar strengthened in late trading on Thursday.

The dollar index, which measures the greenback against six major peers, gained 0.05 percent to 98.063 at 1500 (1900 GMT).

In late New York trading, the euro advanced to 1.1751 dollars from 1.1748 dollars in the previous session, and the British pound fell to 1.3583 dollars from 1.3593 dollars in the previous session.

The U.S. dollar bought 156.67 Japanese yen, higher than 156.45 Japanese yen in the previous session. The U.S. dollar lost to 0.7788 Swiss francs from 0.7790 Swiss francs, and it dropped to 1.3635 Canadian dollars from 1.3636 Canadian dollars. The U.S. dollar climbed to 9.2432 Swedish Kronor from 9.2339 Swedish Kronor.