British Airways owner International Consolidated Airlines Group IAG-2.47%decrease; red down pointing triangle cut its profit forecast for the year, citing the impact of higher jet fuel prices caused ...

With skyrocketing jet fuel costs, travelers say they're noticing airlines passing that increased cost on to them while experts say the price hikes may last a while. Trump admin to start revoking ...

Major U.S. passenger airlines spent just over $5 billion on jet fuel in March, up $1.8 billion or 56% from what they spent in February, the U.S. Transportation Department said on Wednesday. The cost ...

Alaska Airlines is looking to raise $1 billion, partly through a debt offering and partly through a new tranche to an existing loan, as the airline navigates a spike in jet fuel prices amid the Iran ...

Copyright 2026 The Associated Press. All Rights Reserved. Copyright 2026 The Associated Press. All Rights Reserved. FILE -- In this March 22, 2017 file photo, an ...

PARIS, May 7 (Reuters) - The French government is preparing to provide financial aid for airlines hit by jet fuel price ‌hikes, Transport Minister Philippe Tabarot said late on Wednesday. Tabarot said ...

Jet fuel prices have doubled since the start of the U.S.-Israeli war on Iran. Ali Velshi, chief data reporter and host at MS NOW, joins Here & Now's Robin Young to break down what these prices mean ...

Former New Hampshire Gov. Chris Sununu delivered a warning to Treasury Secretary Scott Bessent during a recent visit to Washington: Already-high airfares will surge if the war in Iran doesn’t end soon ...

A commercial jet zooming at 500 knots (575mph) and the stately progress of a tanker cruising at 15 knots yield journey times from the Persian Gulf to Europe measured either in hours or weeks. The ...

As the struggle for control over the Strait of Hormuz continues to increase costs for gasoline, diesel and jet fuel, air travel is in for a bumpy ride. The strait isn’t only the main thoroughfare for ...

Gasoline prices across the U.S. surged to an average of $4.54 a gallon on Wednesday, the highest since July 2022, according to AAA data. The price of regular gas has jumped 52%, or $1.56 per gallon, ...