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Brace for higher ticket prices due to Iran war
Jet fuel costs — which account for about 30% of airline expenses, according to Deutsche Bank — have spiked since the Iran war began.
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arabnews.com
Middle East conflict driving jet fuel surge, pushing airlines to raise fares
JEDDAH: Military operations involving the US and Israel against Iran have roiled global energy markets, sending jet fuel prices sharply higher and prompting a wave of fare…
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usatoday.com
How the war on Iran is driving up gas and oil prices
The Iran war is restricting shipments of Saudi and Iraqi oil through the crucial Strait of Hormuz. That's raising prices on gas and other items.
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huffpost.com
If You Plan To Fly This Year, We Have Bad News For You
There are simple but critical steps you should take right now if you plan to travel.
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Higher prices are here. Companies add surcharges amid Mideast turmoil
Middle East fighting has led to higher oil prices, causing companies to add fuel surcharges that will impact consumers.
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axios.com
Brace for higher ticket prices due to Iran war
Jet fuel costs — which account for about 30% of airline expenses, according to Deutsche Bank — have spiked since the Iran war began.
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fortune.com
Jet fuel prices are rising as oil spikes on Iran war. Airlines are already announcing fare increases or fuel surcharges | Fortune
Fuel typically accounts for 20% to 25% of an airline’s operating costs, making it the second-largest expense after labor.