American airlines could run out of fuel within WEEKS as travel chaos spirals before summer, CEOs warn

AIRLINES are heading into summer with a brutal fuel shock that is already forcing fare hikes, route cuts and fresh fears of travel chaos. A fast-moving supply squeeze has sent jet fuel prices soaring and rattled carriers on both sides of the Atlantic. In the US, big airlines are already scrambling as costs surge, and executives warn the hit could last well beyond the busy travel season. The Argus US Jet Fuel Index, an industry benchmark tracking wholesale jet fuel prices, climbed to $4.57 a gallon on March 27. Meanwhile, the spot price for jet fuel in the US, the...