Pandemic-weary airlines now face a fuel crisis that could bring even more pain and higher airfares for travelers

Posted on AllSides March 12th, 2022
From The Center
Fortune
ANALYSIS

U.S. airlines endured one of the most difficult times in their history during the pandemic as air travel was brought to a near standstill, pilots and workers were in short supply, and stock prices cratered. 

Now they’re staring down yet another crisis as jet fuel prices soar following Russia’s invasion of Ukraine.

For consumers, the increasing cost of fuel will mean higher travel expenses, as airlines pass on rising costs. Airfares are expected to rise 7% each month until June, according to estimates from the price-booking mobile app Hopper.

“I think it’s going to...

Read full story
Some content from this outlet may be limited or behind a paywall.

Fortune

AllSides Media Bias Rating: Center
AllSides Media Bias Rating: Center
106305/83982
See full bias rating for Fortune
Learn about media bias
https://fortune.com/2022/03/09/airlines-fuel-crisis-higher-airfares-russia-ukraine/

More News about Life During COVID-19 from the Left, Center and Right

From the Left

From the Center

From the Right