8 resultsfor “jet fuel price increase effects on air travel”
Increases in air fares for travellers in Europe are “inevitable” over the peak summer period because of the [high cost of jet fuel](https://www.theguardian.com/business/2026/may/06/totally-grounded-how-the-jet-fuel-crisis-could-change-our-summer-holidays-and-world-history), according to the head of the international aviation body
travel, with some carriers raising prices, cutting routes and adding additional fees as the price of aviation fuel increases. Fuel costs soared by more than 70% since the start of the war, according
jet fuel, so airlines are having to buy more as well as paying a higher price for it per tonne. European air fares have not spiked yet, says Boland. "There's no right or wrong
increase in jet fuel prices as quickly as possible". IAG, which owns British Airways as well as Iberia, Aer Lingus, Vueling and Level, has also warned that travellers will have to pay more, while Virgin
effects of Iran war cost travel group €40m The Iran war has cost the travel company Tui €40m (£34.7m) so far, including repatriating almost 12,000 holidaymakers and staff, and forced
increase again. The RAC said it expected unleaded petrol to rise to at least 160p a litre in the coming weeks unless there was a "dramatic and sustained drop" in the price
Air's chief executive has said. József Váradi said European airlines can make price cuts in the "short term" because they have bought fuel at a price set before the war began. His comments contrast
effects will linger ![A man walks past a billboard featuring the portraits of (right to left) Iran's new Supreme Leader Ayatollah Mojtaba Khamenei, the late Supreme Leader Ayatollah Ali Khamenei, and the late Supreme