Energy Crisis Sends Travelers Scrambling for Insurance Coverage
Interest in travel insurance has spiked over the last month after airline bosses warned of cancelled flights amid shortages of jet fuel due to the ongoing energy crisis. Thousands of flights have been cancelled, and more cuts are planned, as global airlines struggle with surging fuel costs and supply issues caused by the war in Iran. Ryanair chief executive, Michael O’Leary, has warned that his budget airline may need to cancel 10 per cent of its flights this summer as we enter this “unknown scenario”. Meanwhile, regional airline…