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Airlines Hike Ticket Prices as Iran War Propels Fuel Costs

On Tuesday, Qantas Airways, SAS and Air New Zealand announced airfare hikes, blaming abrupt fuel-cost rises tied to the Middle East conflict.
The US-Israeli war on Iran pushed jet fuel prices from about $85 t to between $150 and $200 in recent days, and disrupted shipping via key oil export routes.
Hong Kong Airlines said it would raise fuel surcharges by up to 35.2 per cent from Thursday, with charges jumping to HK$384 from HK$284 on some routes.
Thousands of Egyptian migrant workers face barriers returning home amid a dispute over EgyptAir's reported fare hikes, with Abdel Nasser saying, 'Such a decision has shocked Egyptians who want to return home.'
Airline stocks were hammered on Monday as oil prices surged, then showed signs of stabilizing on Tuesday, while Deutsche analysts warned of potential mass groundings without relief and Finnair hedged over 80% of first-quarter fuel.

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44 Articles

Le Devoir

Center

The Increase in the Cost of Fuel Puts the airlines...

Cost pressures are the result of the spillover effects of the war in Iran.

11 hours ago·Montreal, Canada

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The Toronto Star

+5 Reposted by 5 other sources

Lean Left

Airfares starting to rise as Iran war pushes jet fuel prices higher

MONTREAL - Airlines across the globe are starting to hike fares and fuel surcharges in response to a surge in oil prices sparked by the war in Iran, and Canada

11 hours ago·Toronto, Canada

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CTV News

Reposted by

CP24

Center

This is how much airfare could go up by amid soaring costs due to Iran war

Canadians looking to book flights in the coming weeks and months could see a noticeable spike in airfare, as the war in Iran propels the price of jet fuel.

13 hours ago·Canada

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npr

Lean Left

How the Iran war is disrupting air travel -- and advice if you're planning a trip

The war in Iran is roiling jet fuel prices and airlines are beginning to hike prices, unsettling travelers far from the Middle East. If you're booking a flight soon, here are things to know.

16 hours ago·Washington, United States

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Fox News

Right

Airlines may cut flight schedules as Iran tensions drive up fuel costs, experts warn

Middle East tensions disrupt global jet fuel supplies, potentially raising flight prices. Airlines may cut schedules as fuel costs squeeze profit margins.

16 hours ago·New York, United States

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NZ Herald

Center

Iran war impacting airfare prices and jet fuel in 'peaky' crisis

There’s no need for airlines and travellers to panic about fuel costs right now, but a plan is needed in case the war drags on. That’s the view of an airline...

24 hours ago·Auckland, New Zealand

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