British Airways owner IAG warns Iran war will add €2bn to jet fuel bill
Company plans to recoup about 60% of higher costs through savings and raising ticket prices
Company plans to recoup about 60% of higher costs through savings and raising ticket prices
Traders expect prices to fall later this year, giving carriers hope they can lock in lower rates by being patient
Fuel prices have doubled since start of Iran war
Airline pares growth plans, cuts spending and increases ticket prices in response to Iran war
Carriers scale back expansion plans as oil prices soar
US airline faces higher bill from soaring prices driven by Iran war
American carriers’ decision not to hedge future purchases has left them exposed to sharp swings in oil prices
