đ° Full Story
Major global carriers told investors this week that a surge in jet fuel linked to the war in Iran has pushed operating costs sharply higher but so far has not dented demand.
At the J.P. Morgan Industrials Conference (March 17-18, 2026) Delta, American and United said roughly $400 million of extra fuel expense hit each in the first quarter; jet fuel prices have climbed about 50â60% since the conflict began at the end of February.
Strong bookings â Delta reported sales up about 25% yearâonâyear and multiple record sales days â have allowed U.S. airlines to raise firstâquarter revenue guidance (Delta to high singleâdigits; American to more than 10%) and hold earnings forecasts.
Carriers worldwide are raising fares, adding surcharges or trimming capacity; Scandinaviaâs SAS announced at least 1,000 April cancellations after jet fuel doubled in ten days.
Longer routings to avoid Middle East airspace and regional export curbs have tightened supplies and amplified price volatility, prompting carriers to consider further network and pricing adjustments into the busy summer season.
đ Based On
đ°ď¸ The Story So Far: An Evolving Timeline
Wednesday, March 18, 2026 17:44 UTC
Airlines Raise Guidance as Fuel Costs Surge
Monday, March 16, 2026 06:37 UTC
West Asia war disrupts airlines, raises fuel costs
Monday, March 16, 2026 01:26 UTC
Rising Oil, Middle East War Push Up Airfares
Saturday, March 14, 2026 17:50 UTC
Jet fuel spike forces airlines to raise fares






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