#RisingFuelPrices #AirfareIncrease #AviationIndustry
nypost.com
Fuel crisis set to wreak havoc on summer vacations as CEO issues...
United Airlines CEO Scott Kirby is warning travelers that rising jet fuel costs could soon hit airline ticket prices.
"No one hedges anymore, and even if you do, hedging the crack spread is really hard to do," Kirby said during a recent event at Harvard University.
#AirfareHikes #JetFuelPrices #TravelTrends
www.businessinsider.com
Charts show how the Iran war has pushed ticket prices sharply higher on 3 major US airline routes
Fares from New York to LA, New York to London, and from the US mainland to the Caribbean have jumped.
Your next flight could be twice as expensive because the Iran war is causing volatility in oil prices.