
Airlines Hiking Prices Amid Fuel Surge
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Airlines Hiking Prices Amid Fuel Surge
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UK News Today | 2 Min News | The Daily News Now! — Airlines Hiking Prices Amid Fuel Surge. Machine-transcribed; use the interactive transcript above to jump the player to any line.
On April 23rd, airlines worldwide are slapping on fuel surcharges and jacking up ticket prices and bag fees to fight skyrocketing jet fuel costs from the Middle East conflict. Fuel prices have doubled since the war kicked off, heating a record high of $1,838 per ton in early April, compared to just $831 before. Lufthansa just announced cuts to 20,000 European short haul flights this summer, while others hike fairs to stay afloat. Travelers like folks heading from Scotland to Benadorm are sweating it, worried about cancellations and chaos at airports and consumer confidence is, at rot bottom with everyone hesitant to book. But experts say chill big airlines are hedged on fuel, paying last year's rates, so summer trips to spots like Spain, Portugal, Italy, and France. Should roll mostly as planned with minor tweaks and slight price bumps. Stay flexible and your vacation's still golden.
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