Airline Ticket Prices Could Jump Again As Jet-Fuel Crunch Reaches Summer Travel
Swiss International Air Lines said it has about six weeks of jet fuel and is preparing emergency refuelling plans as European reserves tighten. Airlines have cut 2 million seats from May schedules, according to Cirium data. IAG expects a 9 billion euro fuel bill for 2026, with 70% hedged, but shares fell nearly 3% after profit guidance was lowered. The EU will allow use of U.S.-grade Jet A fuel if managed properly.