Airlines cut flights, raise fees as jet fuel costs soar
Yahoo Finance·2026-04-08 02:09

Jet fuel in the U.S. rose to $4.88 a gallon last week, up from $2.50 a gallon on Feb. 27 — a near-doubling in price tied to the outbreak of war with Iran — prompting carriers at home and abroad to pare schedules and tack on higher checked baggage fees, according to CNBC. The spike has hit some regions harder than the U.S., and the effective blockage of the Strait of Hormuz has begun strangling the flow of crude oil and refined fuels to global markets. Delta, JetBlue Airways, and United Airlines have each ...

Airlines cut flights, raise fees as jet fuel costs soar - Reportify