Schiphol Airport is reducing its costs for struggling airlines – Copyright ANP\/AFP Robin van Lonkhuijsen<\/p>\n
Amsterdam\u2019s Schiphol Airport said Thursday it would offer airlines a 10-percent discount on airport charges due to the high price of jet fuel caused by the Iran war.<\/p>\n
The discount is a temporary measure that applies to daytime flights only from April 27 through March 2027, announced the airport, Europe\u2019s fourth-busiest hub.<\/p>\n
\u201cThe airport is taking this measure because airlines\u2019 costs have risen unexpectedly and sharply as a result of high kerosene prices,\u201d Schiphol said in a statement.<\/p>\n
\u201cEspecially in the current geopolitical situation, it is important to keep the Netherlands connected to the rest of the world and to ensure that essential flights can continue to operate.\u201d<\/p>\n
Dutch legacy carrier KLM announced last week it was scrapping nearly one percent of its short-haul flights that had become unprofitable due to high fuel charges.<\/p>\n
The war pitting the US and Israel against Iran has choked trade through the strategic Strait of Hormuz, through which about a fifth of the world\u2019s oil was shipped before the conflict.<\/p>\n
Airlines have trimmed routes and costs as fuel bills explode and wary passengers think twice about travel plans, a situation that could persist even if a fragile truce holds in the Middle East.<\/p>\n
Schiphol admitted there would be a \u201ctemporary negative effect\u201d on its financial results, without disclosing an exact figure.<\/p>\n
According to data from industry group ACI Europe, Schiphol was the fourth busiest European hub last year, with 68.77 million passengers.<\/p>\n
London Heathrow, Istanbul and Paris Charles de Gaulle airports were the only busier hubs on the continent.<\/p>\n","protected":false},"excerpt":{"rendered":"Schiphol Airport is reducing its costs for struggling airlines – Copyright ANP\/AFP Robin van Lonkhuijsen Amsterdam\u2019s Schiphol Airport…\n","protected":false},"author":2,"featured_media":5327,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[3306,23,1699,2879,5016,737,6,540],"class_list":{"0":"post-5326","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-amsterdam","8":"tag-airport","9":"tag-amsterdam","10":"tag-aviation","11":"tag-conflict","12":"tag-hide","13":"tag-iran","14":"tag-netherlands","15":"tag-us"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/posts\/5326","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/comments?post=5326"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/posts\/5326\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/media\/5327"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/media?parent=5326"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/categories?post=5326"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/tags?post=5326"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}