1 of 1
Story summary
- Jet fuel in Europe rose to about $1,500 per metric tonne after the U.S.–Israel conflict with Iran.
- Wizz Air chief executive József Váradi said carriers are lowering short-term ticket prices because many have pre-purchased cheaper fuel.
- Mark Tanzer of the British travel-agents association said there are no jet-fuel supply disruptions, while Váradi noted long-haul carriers, especially U.S. airlines, face price hikes because they do not hedge fuel.
