Airlines Thrive Despite Fuel Costs

0:00In Durham, it's March 18th. Here's what is happening. Major US airlines like Delta, American, and United say higher jet fuel costs from the Middle East War won't make a big dent in their quarterly. Profits. Strong ticket sales are offsetting hundreds of millions in extra expenses. Jeff Fuel prices jumped to $3.93 per gallon on Tuesday up from $2.50 right before the war started. Delta alone faces about $400 million more in costs so far. And the others reported similar hits during investor talks this week. Executives highlighted booming demand across every segment from corporate trips in international flights to premium leisure and basic domestic routes. Travelers seen eager to book now and lock in lower fares. Delta saw eight of its top 10 sales days this year, with five since the war began. United called the first 10 weeks of the year its best ever, an American noted eight top days and weeks too, expecting the trend through May.

1:01Analysts predict air fares will rise soon to cover ongoing fuel spikes hitting long haul routes hardest. Airlines may adjust base prices, add fees, tweak hedging strategies, or cut some capacity to stay balanced. This episode is brought to you in partnership with our sponsor. Some chase peace. I put my head in it, S-O-L-I-SOLYPILLOW.com.