The war with Iran could cost U.S. airlines $24 billion in additional jet fuel expenses, according to a new analysis by Skift Research, which estimates that ticket prices would need to rise at least 11% to offset the increase. Globally, the impact could reach $100 billion or more.
Oil traders had been surprisingly calm since the U.S. and Israel first launched strikes on Iran on February 28. But that changed this weekend as oil prices exploded above $100 a barrel, the highest price since 2022.
This spike presents a big challenge for airline executives: Jet fuel is the single largest expense for most U.S. airlines, accounting for $1 out of every $5 that an airline spends.
Oil prices pulled back again on Monday afternoon after President Donald Trump said the war effort was “very far ahead of schedule” and “very complete, pretty much.”
But it’s still a volatile situation: At a news conference later Monday, Trump said the war would no
Rephrase in a different way as if you were a native American speaker as a content creation expert and do not talk about yourself or your experience in the text and do not show yourself as an artificial intelligence who wrote and fill the bullet point in the topic and speak the heart of the topic itself and dont take date of blog in ther first and dont take text like box of newsliter subscribe on post from content and romove all linke insert in content and and remove all affiliate disclosure phrases on content like this “This post may contain Amazon or other affiliate links that allow us to earn a small commission at no extra cost to you. Please see our Disclosure Policy for more info” and “#” put in its place bullet point, and romove name of the web site or his links we are take a content from our new creation, and don’t publish clone new content more than just one time
