By Kris Van Cleave | Updated April 23, 2026 / 8:42 PM EDT / CBS News
With many Americans planning summer getaways, airfares are climbing and travel experts say it’s time to book. Rising oil and jet fuel costs linked to the war with Iran have pushed ticket prices higher, and industry analysts warn fares are unlikely to fall.
“If you haven’t booked for this summer, get busy,” said Henry Harteveldt of Atmosphere Research Group, urging travelers not to wait in hopes of lower prices. He added that departing later in the summer can help travelers save, since demand typically eases and fuel costs may stabilize.
Jet fuel, which accounts for roughly 25% to 30% of airlines’ operating expenses, jumped by more than $2 a gallon earlier this month and remains elevated. Since the U.S. and Israel struck targets in Iran on Feb. 28, carriers have faced higher operating costs and are passing some of those costs on to flyers.
Price data show the impact: as of April 13, the average domestic round-trip ticket was $358, about 18% (roughly $55) higher than a year earlier, according to Kayak. Average international round-trip economy fares from the U.S. were $1,064, up about $115 from last year.
Government figures indicate overall airfares rose nearly 15% in March compared with a year earlier. United Airlines CEO Scott Kirby told CBS News the carrier has raised fares 15% to 20%.
Airlines are also responding in other ways: several carriers, including Alaska, American, Delta, JetBlue, Southwest and United, have raised baggage fees, and some are trimming unprofitable routes. United says it will cut flight volume by about 5% this summer because of higher oil prices.
Edited by Alain Sherter
Topics: United Airlines; Airlines