Surge in Jet Fuel Prices Could Push up Air Fares, Analysts Warn

United Airlines CEO Warns of Price Increases Due to War With Iran

Already a subscriber? Make sure to log into your account before viewing this content. You can access your account by hitting the “login” button on the top right corner. Still unable to see the content after signing in? Make sure your card on file is up-to-date. The CEO of a major US airline has warned that surging jet fuel prices caused by the war with Iran could soon force airlines to raise ticket prices. Getting into it: While speaki…

United CEO: Airfare likely to rise as jet fuel prices surge

United Airlines CEO Scott Kirby warned this week that soaring jet fuel prices tied to conflict in the Middle East could soon push airline ticket prices higher. Kirby, following an event at Harvard University, noted that while the demand for air travel was still strong, the carrier would likely feel a “meaningful” impact on its…

Iran war: Experts warn airfares may increase as jet fuel prices surge

Airline executives are cautioning travelers that airfares may soar as jet fuel prices surge due to the war in Iran.

Jet Fuel Price Surge: How Middle East Tensions Could Make Your Flights More Expensive

Escalating tensions in the Middle East have led to a surge in jet fuel prices, potentially increasing airfares globally. Airlines warn of rising costs as the conflict in Iran affects fuel markets.

Jet fuel prices just jumped 80%. Will airline tickets get more expensive next?

Get ready to pay more to fly. The war in Iran has sent fuel prices surging. On Friday, spot prices for jet fuel were nearly $4 per gallon, up roughly 80% from a month ago, when they were hovering around $2.25. The price increases are a result of the just-begun war in Iran, which has caused shipping and production stoppages and delays.  At the same time, airlines are seeing higher demand than they were a year ago. Data from the International Air …

Jet fuel refining margins are surging to 20-year highs amid Iran war, threatening airlines

According to a Deutsche Bank note on Friday, airlines haven’t seen this phenomenon since the aftermath of hurricanes Katrina and Rita in 2005....