
Flights are already getting more expensive after jet fuel spike. When should you book?
CNBC
Some airlines are already raising fares after a historic surge in jet-fuel costs.
The surge in fuel prices since the U.S. and Israel attacked Iran nearly two weeks ago is already driving up airfare. Consumers' appetite for travel this year will dictate just how much.
Cathay Pacific on Thursday said it would roughly double fuel surcharges on tickets starting March 18.
Earlier this week, Australia's Qantas said it is raising fares to help cover its costs, Scandinavian Airlines said the "unusually rapid and substantial increase" in fuel prompted it to raise prices, and Air New Zealand pulled its financial outlook "until fuel markets and operating conditions stabilise," adding that it has made "initial fare adjustments."
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