5 resultsfor “British Airways fuel cost increase impact”
increase and its impact, taking the necessary action on yields, costs and capacity,” said Luis Gallego, chief executive of IAG. “The impact of the higher fuel price will inevitably lead to lower profit this year
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
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
impact on international travel and [jet fuel shortages](https://www.theguardian.com/business/2026/apr/19/britons-holiday-uk-summer-flights-iran-war). IAG, the owner of British Airways, dropped 3.4%, while Wizz Air dropped 4.9%. Ryanair, Europe’s biggest airline, fell 3.3%. Rolls-Royce, which manufacturers
British Airways, Iberia, Aer Lingus and Vueling, said last month it would make “some pricing adjustments to reflect these higher fuel costs”, although it stopped short of labelling the move as a surcharge. Meanwhile, [Virgin