The average price of jet fuel has fallen to its lowest level since the beginning of the war with Iran. But aviation experts say the cost of airfare is likely to stay high, at least for now.
The price of jet fuel is falling, but don’t expect airfares to follow any time soon
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Jet fuel prices roughly doubled in the early weeks of the Iran war, prompting airlines to pass the costs on to consumers through…
Just because jet fuel prices have dropped doesn’t mean airfares to follow suit anytime soon—but there are still ways to snag a…
In March and April, airlines scrambled to find ways to make up the cost of jet fuel doubling in just over a month
Fuel typically accounts for 20% to 25% of an airline’s operating costs, making it the second-largest expense after labor.
'Wild ride' for jet fuel may be ending, as watchdog warns companies against surcharges.
However, unlike previous oil price downcycles, airlines are unlikely to pass on these cost savings to passengers in the form of…
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