Flybe, Europe's largest independent regional carrier, has said that it was cutting its service on the route from Glasgow to Newquay in response to rising costs of fuel. This is again one of those news that confirm that the aviation industry is smarting under the pain of fuel cost rise and it is expected that more routes and flights will be cancelled in the coming times due to sustained increase in fuel price around the world.

The carrier started operating its services on the route in the month of April, and now it said that the last service would be operated on the 2nd of August as part of a cost-cutting exercise to axe the loss-making routes.

The no-frills carrier had already reduced its operations by stopping to operate services on the routes from Galway Airport to Southampton, Birmingham and Belfast.

While commenting on the latest decision, a spokesman for the low-cost airline said, "Flybe have no option but to suspend the Newquay to Glasgow service until such time as fuel prices return to more normal levels".

The spokesman further said that the carrier hoped to re-introduce its services on the route if market stabilizes.

But with the price of oil touching another all-time high level on Monday analysts believe that the re-launch of the route seems unlikely.

Previously this week, Qantas said that rising prices of fuel would force it to scale back routes and lay off work force.