Fuel typically accounts for 20% to 25% of an airline’s operating costs, making it the second-largest expense after labor.

ISLAMABAD: Pakistani travelers are facing higher airfares as airlines impose fuel surcharges and flight cancelations mount amid jet fuel price spikes and airspace disruptions…

Some airlines are already raising fares after a historic surge in jet-fuel costs.

Middle East fighting has led to higher oil prices, causing companies to add fuel surcharges that will impact consumers.

Energy prices may jump to all-time highs soon as the Iran war escalates without a ceasefire or a clear victory.

Fuel typically accounts for 20% to 25% of an airline’s operating costs, making it the second-largest expense after labor.