Air France-KLM hikes long-haul ticket prices
The Straits Times
Air France-KLM follows carriers such as SAS, Cathay Pacific, Air India and Qantas in hiking fares. Read more at straitstimes.com.
PARIS - Air France-KLM said on March 12 it is raising long-haul ticket prices due to soaring jet fuel prices caused by the Iran war.
“The current geopolitical situation in the Middle East has led to a sudden and significant increase in fuel prices, particularly kerosene. As a result, Air France and KLM are increasing their fares on long-haul flights for tickets issued from March 11, 2026,” the group said in a statement, confirming a report in financial daily Les Echos.
The group said economy class return fares would typically increase by €50 (S$73) as it followed carriers such as SAS, Cathay Pacific, Air India and Qantas in hiking fares.
Low-cost carrier Transavia, owned by the group, has elected not to increase its fares as yet, but is “monitoring the situation closely and will take action if necessary,” a spokesperson told AFP.
The average global price of aviation fuel reached nearly US$168 per barrel on March 11, according to the Platts benchmark index, slightly down on March 9 but double Jan 2 levels.
The increase has been sharper than for crude oil prices owing to extra refining and associated costs.
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