Rising fuel costs threaten airfares and flight availability
Global air travel is facing mounting pressure as the U.S.–Israel conflict with Iran disrupts oil supplies, driving up jet fuel prices and raising concerns over flight costs and availability ahead of the busy summer season.
The International Energy Agency has warned that Europe could face jet fuel shortages within weeks, potentially forcing airlines to cut flights. Fuel prices have more than doubled since late February, prompting carriers to introduce surcharges, raise fees, and scale back routes.
Several major airlines — including Air Canada, United Airlines, Delta Air Lines and Air France-KLM — have already reduced services or signaled fare increases. Air Canada said it will suspend flights to New York’s JFK airport from June through October to cut fuel costs.
Industry experts say ticket prices are likely to remain high amid ongoing uncertainty, particularly as tensions affect shipping through the Strait of Hormuz, a key route for global oil supplies.
Travel analysts advise booking flights sooner rather than waiting for prices to fall, as a quick return to stable fuel supplies is unlikely even if a ceasefire is reached. Flexible tickets, though more expensive, may offer better value by allowing travelers to rebook if fares drop.
Consumers can still limit costs by adjusting travel plans. Flying midweek instead of weekends, choosing alternative destinations, or departing from larger hub airports can reduce fares. Avoiding checked baggage fees and booking early also help manage expenses.
Meanwhile, travel rewards programs may offer some relief. Experts note that airline points have not risen in cost as quickly as cash fares, allowing travelers to stretch their budgets by redeeming miles or combining points with cash payments.
Despite rising prices, airlines continue to offer incentives through loyalty programs and credit card partnerships, as they seek to maintain passenger demand during a volatile period for the aviation industry.
