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Las Vegas. The German company, which owns Lufthansa Airlines and other European airlines, said on Tuesday it would cut 20,000 short-haul flights by October as oil prices rose due to the Iran war and concerns about aviation fuel shortages deepened in some countries.

Lufthansa Group said the cancellation of flights operating on less profitable routes would save the equivalent of about 40,000 metric tons of aircraft fuel. The company last week closed down one of its regional subsidiaries, ‘Cityline’, to cut costs.

The company said it has planned a number of hubs that will include Lufthansa Airlines, Austrian Airlines, Brussels Airlines, Swiss and ITA Airways as well as hubs in Brussels, Rome, Vienna and Zurich.

The price of jet fuel has more than doubled in some markets since the US and Israel attacked Iran in late February. The impact on travelers is already visible in the form of reduced flight options on some routes and rising fees and fares during the summer season, with many airlines increasing bag check fees or adding fuel surcharges.

The ongoing fighting around the Strait of Hormuz due to the Iran war has disrupted fuel prices and supplies around the world. Lufthansa said it had secured enough jet fuel “for the coming weeks” and was “working on various measures” to keep its fuel supply stable during the summer, including “physical purchases of jet fuel.” Lufthansa is not the only airline to cut operations.

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