The Essentials
Immediate Impact of Iran War on Air Travel
The immediate impact of the Iran war was a sudden spike in jet fuel costs.
So much so that one airline, United, is currently looking at an additional fuel bill of nearly $11 billion.
And now, there is every reason to expect airline ticket prices to increase by 7% to 20%.
In Europe, many carriers have already added a fuel surcharge ranging from $50 to $200 to airline ticket prices.
But no U.S. airline has hiked prices yet.
So, if you can book and purchase your airline tickets soon, for future flights, you may be able to avoid those additional charges.