Plane ticket prices likely to soar as Iran war brings huge fuel price surge: United CEO says impact will 'probably start quick'

Travel News

Plane ticket prices likely to soar as Iran war brings huge fuel price surge: United CEO says impact will 'probably start quick'
LifestyleAirplanesIran
  • 📰 nypost
  • ⏱ Reading Time:
  • 112 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 62%
  • Publisher: 67%

Today's Video Headlines 03/07/26

Jet fuel, which accounts for about one-fifth of airlines’ operating expenses, surged a staggering 56% in the days following the initial Feb. 28 US and Israeli strikes on Iran , perThe Strait of Hormuz, a key Middle East trade route for oil and liquefied natural gas, is effectively closed amid the conflict.

Jet fuel, which accounts for about one-fifth of airlines’ operating expenses, surged a staggering 56% in the days following the initial Feb. 28 US and Israeli strikes on Iran, per CBS News.Henry Harteveldt, founder of Atmosphere Research Group, told the outlet that airlines “began increasing airfares this week as spot jet fuel prices started to spike.” Italian exchange student tricked into eating at Olive Garden — and his astonishing reaction has gone viral'Entitled' dog owners are bringing their pooches everywhere — and pissed-off New Yorkers have had enough “They are trying to find a balance between how much they can increase fares to cover substantially higher fuel costs and how high is too high,” he stated. Meanwhile, United Airlines CEO Scott Kirby says the war’s impact on ticket prices will “probably start quick.” He made the claim during a discussion at the Harvard John A. Paulson School of Engineering and Applied Sciences on Thursday, as cited byKirby added that higher fuel costs could have a “meaningful impact” on the carrier’s next set of financial results. Airlines already face a loss of revenue from canceled or diverted flights across the Middle East amid the war. However, larger airlines, such as United, are more effectively able to cope with the rise in fuel prices, per a memo from Citi analysts. “Demand strength may in part offset rising fuel prices but, airlines with low-margins and high fuel expense as of revenue have the most sensitivity to fuel shocks,” they wrote in a March 4 note. The real reason why Kristi Noem's cuckold husband stayed married to her through Corey Lewandowski 'humiliation' Epstein prison guard googled him minutes before body found — and made mysterious deposit before pedo's suicide: DOJBronx cops suspended for allegedly having sex in station house locker room — after video of steamy tryst sent to precinctNicola Peltz awkwardly dodges question on feud with Brooklyn Beckham’s family Elisabeth Hasselbeck Stuns ‘The View’ Audience As She Calls Democrats “The Party of Masks”: “You Guys Forced Masks On Everybody in the United States” 'Pawn Stars' star Rick Harrison blasts son Corey for creating GoFundMe to cover medical bills: 'I paid all of them'

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

nypost /  🏆 91. in US

Lifestyle Airplanes Iran Prices

 

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Iran War Live: Trump Says No Deal With Iran Except 'Unconditional Surrender'Iran War Live: Trump Says No Deal With Iran Except 'Unconditional Surrender'Follow Newsweek's live blog for the latest updates on the U.S. and Israel's escalating war against Iran.
Read more »

Passengers on United Airlines flight from Denver to Nashville deplaned after plane hits deicing truckPassengers on United Airlines flight from Denver to Nashville deplaned after plane hits deicing truckKatie joined the Denver7 team as a digital content producer in April of 2023.
Read more »

US-Iran War: White House's Karoline Leavitt Addresses Reports of Russia Helping IranUS-Iran War: White House's Karoline Leavitt Addresses Reports of Russia Helping IranThe White House dismissed reports that Russia shared intelligence with Iran, saying it has not impacted U.S. military operations in the region.
Read more »

China to Send ‘Special Envoy’ to Mediate Between Iran and Mideast Countries Iran BombedChina to Send ‘Special Envoy’ to Mediate Between Iran and Mideast Countries Iran BombedSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Read more »

United Airlines CEO said U.S. airfares could soon rise as Iran war drives up oil pricesUnited Airlines CEO said U.S. airfares could soon rise as Iran war drives up oil pricesJet fuel costs have shot up more than 50% since the U.S.-Israel attack on Iran sparked a jump in global prices.
Read more »

Iran live updates: Iran's president says there'll be no unconditional surrenderIran live updates: Iran's president says there'll be no unconditional surrenderThe State Department is tracking the number who have returned since Saturday.
Read more »



Render Time: 2026-04-01 05:40:28