soaring pump prices<\/a> in the weeks since the war began, the consequences of those rising costs have stretched into other critical aspects of day-to-day life, including ticket prices for all flights.<\/p>\n\u201cYes, ticket prices are gonna go up across the board in traveling,\u201d said Machado.<\/p>\n
Chris Sununu, the president and CEO of Airlines for America, a lobbying group that represents major airlines across America, said that when jet fuel costs jump at the rate that they have in recent weeks, raising ticket prices is an unavoidable solution.<\/p>\n
\u201cJet fuel is about 25 percent of the cost of putting an airplane in the air, on the operations, so it\u2019s a very large amount considering the overall operations, so when that doubles, unfortunately, you\u2019re going to see ticket prices go up. This is a spike, we want it to be temporary, until you secure the Strait of Hormuz, you\u2019re really not gonna get there,\u201d said Sununu.<\/p>\n
The Strait of Hormuz, which separates the Persian Gulf from the Gulf of Oman and the Arabian Sea, and points beyond, has become a critical focal point during the war, through which 20 percent of the world\u2019s oil normally flows. Because of the war in the Middle East, it is now at a standstill.<\/p>\n
The longer the conflict continues, the more likely those higher airfare prices will remain elevated, according to Sununu.<\/p>\n
\u201cIf this issue in Iran were to go beyond Memorial Day or something like that, the way I put it is, the pricing would get a little stickier,\u201d said Sununu.<\/p>\n
Copyright 2025 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.<\/p>\n
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