Jet Fuel Drops, But Airlines Wont Cut Fares
#Airlines #JetFuelJet fuel prices are dropping after spring highs, but airlines won't lower fares soon due to rising labor and operational costs. Experts say travelers willing to pay keep prices up, with airfares still 20% higher than last year. read more
US airlines’ jet fuel costs soar 56%, fares rise
#JetFuelCrisis #AirlinesUS airlines' jet fuel costs surged 56% in March to over $5 billion, driving fare hikes and route cuts. Disruptions from the U.S.-Israeli war with Iran impacted global oil markets. Spirit Airlines ceased operations, while carriers sought government aid. read more