Price hikes, outlook cuts - What airlines are doing as fuel costs surge [Yahoo! Finance]
AIR FRANCE-KLM ADS (AFLYY)
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Source: Yahoo! Finance
Jet fuel prices have soared from $85-$90 per barrel to $150-$200 per barrel in recent days for an industry where fuel accounts for up to a quarter of operating expenses. Below is a list of how airlines are responding, in alphabetical order: Aegean Airlines The Greek airline said on March 12 that it expected suspended Middle East flights and a sharp spike in fuel prices to have a "notable impact" on its first-quarter results. Air France-KLM The French airline said on March 12 in planned to increase long-haul tickets prices to address surging jet fuel costs. It said cabin fares would rise by 50 euros ($57) per round trip. Air New Zealand The airline was one of the first to announce broad increases to ticket prices on March 10. It also suspended its fiscal 2026 earnings forecast due to unprecedented volatility in global jet fuel markets. The price hikes for one-way economy fares are set at NZ$10 ($6) on domestic routes, NZ$20 on short-haul international services and NZ$9
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