Story perspectives
Jet Fuel Prices Surge 60%, Airlines Adjust Fares
3/13/2026
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Story summary
- Jet fuel prices have risen more than 60% since late February, following the U.S. and Israel's attacks on Iran.
- United Airlines and Delta Air Lines can absorb higher costs due to strong demand.
- Cathay Pacific Airways and Qantas Airways are raising fares to offset higher fuel costs.
- Analysts expect a first-half earnings hit depending on how long fuel prices stay elevated.
