Your European vacation could cost more than ever as airlines hike prices, slash thousands of flights

American travelers could be facing one of the most expensive summers for European vacations ever as airlines slash thousands of flights, add surcharges to transatlantic routes and hike prices.It all comes down to Europe’s jet fuel supply, about 40% of which passes through the Strait of Hormuz.The crucial trade route has been blocked off due to the Iran war, more than doubling fuel costs for European airlines.“There are alarms going off across Europe right now.

It is considered critically low,” Joe Adamski, managing director of ProcureAbility, a supply chain consultancy, told The Post. The average airfare for a trip to London hit $1,151 last week – up nearly 40% from $826 last year, according to data from Kayak, which tracks weekly flight searches.Flights to Rome are 32% higher, averaging $1,066, and trips to Paris cost 28% more this year, or about $1,091 – and the travel season is yet to hit its traditional peak.“June and July are the most expensive,” said Brian Kelly, founder of travel website “The Points Guy,” advising tourists to book trips now for late August and September if they’re looking for deals.“Even if a deal [to end the war] is reached today, it’s gonna be six to eight weeks before there’s meaningful supplies making it to Europe … so the chances are very low that this summer we’re going to see a steady drop in airline pricing.”After paying $1,000 or more for a flight, tourists might find themselves facing exorbitant prices abroad, said Kelly — who actually suggested Americans look elsewhere for travel destinations this year.Fewer Europeans are making long-distance trips due to conflicts in the Middle East, as well as concerns about US immigration policy, Kelly said.That means more Europeans will be vacationing closer to home, raising demand – and prices – for hotels and other services.The US dollar is also weak compared to the eurozone’s currency – with an exchange rate of $1.17 per euro – so Americans won�...