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U.S. Bureau of Transportation Statistics

Coverage of U.S. Bureau of Transportation Statistics in the Nexus archive.

Earliest in view: Jun 16 · 19:35 UTCMost recent: Jun 16 · 19:35 UTC
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  • BUSINESSJun 16 · 19:35 UTCKOAA NBC5 COLORADO SPRINGS
    US airlines lost close to $1 billion last quarter as Iran war sends costs higher

    U.S. airlines lost $966 million in Q1 2026, driven by doubled jet fuel prices due to the war with Iran, leading to higher ticket costs and flight cancellations. The U.S.-Israel campaign against Iran and its aftermath have disrupted oil infrastructure and reduced oil passage through the Strait of Hormuz, exacerbating costs.