As of Mar 25, some airlines have raised fares and revised financial outlooks, given the surge in jet fuel prices.
Air France
The airline group said it planned to increase long-haul ticket prices to address surging fuel costs, with cabin fares set to rise by 50 euros (US$57) per round trip.
Air New Zealand
The airline was one of the first to announce broad increases to ticket prices. It also suspended its full-year earnings forecast due to fuel market volatility.
The price hikes for one-way economy fares are set at NZ$10 (US$6) on domestic routes, NZ$20 on short-haul international services and NZ$90 on long-haul flights, with further price, network and schedule changes possible if fuel costs remain elevated.
Akasa Air
India's Akasa Air said it was introducing a fuel surcharge ranging between 199 and 1,300 Indian rupees (US$2 and US$14) on domestic and international flights.
American Airlines
The US carrier said it expected a US$400 million increase in first-quarter expenses.
EasyJet
EasyJet CEO Kenton Jarvis said European consumers should expect higher ticket prices towards the end of summer, when existing fuel hedges come to an end.
Hong Kong Airlines
The airline said it would raise fuel surcharges by up to 35.2 per cent from Mar 12, with the sharpest increase on flights between Hong Kong and the Maldives, Bangladesh and Nepal, where charges would rise to HK$384 (US$49) from HK$284.
IndiGo
India's biggest airline said it would introduce fuel charges on domestic and international flights from Mar 14, including a charge of 900 rupees for flights to the Middle East and a charge of 2,300 rupees for flights to Europe.
Pakistan International Airlines
The carrier said it would raise respective domestic and international flight fares by US$20 and by up to US$100.
United Airlines
The US airline is cutting unprofitable flights over the next two quarters as it prepares for oil prices to remain above US$100 until the end of 2027, CEO Scott Kirby said.
Vietjet
The Vietnamese budget airline said it had adjusted flight frequency on selected routes due to potential fuel shortages.
Vietnam Airlines
The carrier plans to cancel 23 flights per week across domestic routes from April, Vietnam's aviation authority said, after the airline requested government assistance to remove an environmental tax on jet fuel.
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Air France
The airline group said it planned to increase long-haul ticket prices to address surging fuel costs, with cabin fares set to rise by 50 euros (US$57) per round trip.
Air New Zealand
The airline was one of the first to announce broad increases to ticket prices. It also suspended its full-year earnings forecast due to fuel market volatility.
The price hikes for one-way economy fares are set at NZ$10 (US$6) on domestic routes, NZ$20 on short-haul international services and NZ$90 on long-haul flights, with further price, network and schedule changes possible if fuel costs remain elevated.
Akasa Air
India's Akasa Air said it was introducing a fuel surcharge ranging between 199 and 1,300 Indian rupees (US$2 and US$14) on domestic and international flights.
American Airlines
The US carrier said it expected a US$400 million increase in first-quarter expenses.
EasyJet
EasyJet CEO Kenton Jarvis said European consumers should expect higher ticket prices towards the end of summer, when existing fuel hedges come to an end.
Hong Kong Airlines
The airline said it would raise fuel surcharges by up to 35.2 per cent from Mar 12, with the sharpest increase on flights between Hong Kong and the Maldives, Bangladesh and Nepal, where charges would rise to HK$384 (US$49) from HK$284.
IndiGo
India's biggest airline said it would introduce fuel charges on domestic and international flights from Mar 14, including a charge of 900 rupees for flights to the Middle East and a charge of 2,300 rupees for flights to Europe.
Pakistan International Airlines
The carrier said it would raise respective domestic and international flight fares by US$20 and by up to US$100.
United Airlines
The US airline is cutting unprofitable flights over the next two quarters as it prepares for oil prices to remain above US$100 until the end of 2027, CEO Scott Kirby said.
Vietjet
The Vietnamese budget airline said it had adjusted flight frequency on selected routes due to potential fuel shortages.
Vietnam Airlines
The carrier plans to cancel 23 flights per week across domestic routes from April, Vietnam's aviation authority said, after the airline requested government assistance to remove an environmental tax on jet fuel.
Continue reading...