Holiday Airfares Reach 10-Year Highs As Jet Fuel Costs Surge
Holiday airfares for Thanksgiving and Christmas are climbing to 10-year highs, driven by soaring jet fuel costs following the conflict in Iran.
Holiday airfares for Thanksgiving and Christmas are climbing to 10-year highs, driven by soaring jet fuel costs following the conflict in Iran.
JetBlue Airways creditors have retained restructuring advisers as the carrier’s stock price hit an all-time low below $3 per share.
Southwest Airlines cut its 2026 profit forecast to between $2.60 and $2.85 per share, joining major carriers lowering expectations as jet fuel costs mount.
Delta Air Lines slashed its annual profit forecast by nearly 25 percent on Friday as surging fuel costs swamp strong travel demand, pushing its quarterly fuel bill up 62 percent…