The article discusses the impact of rising fuel prices on Scandinavian Airlines (SAS) and Norwegian Airlines, triggered by the ongoing crisis in Iran and the potential closure of the Strait of Hormuz. SAS has reported substantial cancellations, particularly in Sweden, due to the escalating costs of raw oil and fuels, reflecting a broader crisis affecting airlines in the region. Reports indicate that SAS is set to cancel over a thousand flights in April and hundreds in March, highlighting the intense strain on airline operations due to fuel price surges.

In Norway, SAS confirmed that it would cancel over a hundred flights this week, in line with the operational challenges posed by the current market conditions. In contrast, Finnair has stated that it will continue its flights as planned, despite the rising fuel prices, indicating a differentiation in how airlines are coping with the crisis. Finnair's communication director emphasized that the situation in the Middle East is continuously evolving, and the company is actively monitoring developments to prepare for any operational adjustments.

SAS's CEO, Anko van der Werff, spoke about the challenges faced by the airline industry due to these fluctuating fuel prices and geopolitical tensions, indicating that such rising costs might necessitate further operational changes or adaptations in response to the ongoing uncertainty. This situation underscores the significant impact of geopolitical events on the aviation sector, particularly for airlines with operations in or connected to affected regions, as they navigate increased operational costs and consumer demand changes.