Global Airfares Face New Pressure as Surging Jet Fuel Costs Hit Airlines
Rising jet fuel prices are putting fresh pressure on airlines worldwide, squeezing already-thin profit margins and increasing the risk of higher fares. Carriers including IndiGo and Lufthansa are facing sharply higher fuel costs, while geopolitical tensions, refinery constraints and longer flight routes add further strain. With airlines expected to earn just $4.50 per passenger in 2026, sustained fuel prices could lead to higher surcharges, fewer low-cost fares and reduced flight capacity.
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