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Global Airlines Hike Fares, Cut Routes as Fuel Costs Balloon

Jet fuel prices have doubled in Europe and risen nearly 80% in Asia, causing airlines to face hundreds of millions in extra costs, forcing fare hikes and flight cuts.

Summary by CTV News
Global airlines sounded the alarm on Tuesday over soaring jet fuel prices triggered by the U.S.-Israeli war against Iran, warning of hundreds of millions of extra costs, higher fares and cuts to some routes.

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The Executive President of Delta Air Lines, Ed Bastian, said that the dramatic increase in aviation fuel prices raised the costs of the airline up to US$400 million in March

·Brazil
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Global airlines sounded the alarm on this Wednesday (17), on the increase in the prices of aviation fuel caused by the war between the United States and Israel against Iran, warning for hundreds of millions of extra costs, higher rates and cuts on some routes. The executive president of Delta Air Lines, Ed Bastian, said that the dramatic increase in the prices of aviation fuel increased the costs of the airline until US$400 million only in March…

·Brazil
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Travel News broke the news in on Monday, March 16, 2026.
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