Surging jet fuel costs push holiday fares up

Fox - 10 Phoenix
24 followers
Oct 28, 2026
Surging jet fuel costs fueled in part by the conflict in Iran.
Well, they are sending holiday airfares sky high.
Yeah, though experts say there are still some ways to save money.
Fox Business correspondent Grady Trimble has more.
If you plan on traveling over the holidays,
you may want to book your trip soon.
Airfare is at its highest level in more than a decade.
According to booking app Hopper, the average domestic round trip
for Thanksgiving is up about 39% from last year.
Christmas tickets are even more expensive,
at $452 for a domestic trip on average,
up about 22 percent from last year.
And for some passengers, the higher costs are already
impacting their plans. We're going to drive back up here from Raleigh,
so not too long a drive,
but we don't want to spend the money on two flights.
Government data shows airfare has been
on the rise for 10 straight months as the war
in Iran causes jet fuel prices to climb. To deal with
the rising operating costs,
airlines are also cutting flights and tacking on fees.
We've seen jet fuel jump by 50, 75, 80 percent year over year.
So, you know, eventually the
airlines are going to pass it along
to the consumers. That's what you're seeing now,
but not only in higher ticket prices for airfare,
but also in higher baggage fees.
But carriers are also adding more capacity
on some routes this holiday season, a sign that
demand is still strong.
And if you're looking to book right now, experts say the key is to
keep your options open. Be flexible with your travel dates.
If you can travel on Thanksgiving
day or Christmas day, or you add plus or minus a day to your request,
you are likely going to
save money. Airlines say they expect fares
to remain high into the new year,
even if fuel costs start to drop.
