business / news / / Evening Standard
EasyJet, Ryanair, Air France-KLM, Delta Air Lines and India's biggest airline IndiGo are among companies increasing fares.
Jet fuel prices have surged from $85-$90 to around $209 per barrel globally since February.
KEY POINTS
- Tehran has effectively closed the Strait of Hormuz to Western-linked vessels, disrupting a fifth of global oil supply.
- Air France-KLM is raising long-haul ticket prices by 50 euros per round trip to offset fuel costs.
- SAS will cancel 1,000 flights in April due to high oil and jet fuel prices.
- Delta and United are increasing checked bag fees by $10 on select routes in response to fuel costs.
COMPANIES
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