Dossier
air fares
Coverage of air fares in the Nexus archive.
- British Airways chief says air fares will rise again if fuel costs stay high
British Airways chief Sean Doyle warned that air fares will increase again if fuel costs remain high. Jet fuel prices have doubled since the Iran war began in February.
- Inflation jumps to its highest level since 2023. Here are 3 things costing a lot more
U.S. inflation rose to 3.8% in April, the highest level since May 2023, driven by surging gasoline prices, higher air fares, and housing costs. Gas prices increased $1.50 per gallon since the U.S.-Iran conflict began, while diesel fuel costs rose $1.88, contributing to 40% of the monthly CPI increase. Housing price jumps were partly influenced by a statistical anomaly from a prior government shutdown.