What travelers can do as the Iran war impacts flight costs and availability
With the ongoing conflict between the US, Israel, and Iran affecting global oil supplies, travelers are facing concerns about the cost and availability of flights for their upcoming late spring and summer trips.
The head of the International Energy Agency has issued a warning that European countries may soon experience a shortage of jet fuel, leading to a significant reduction in flights by the continent’s airlines. Many airlines have already increased checked bag fees and added fuel surcharges due to the rising global price of jet fuel, which has nearly doubled from the end of February to the beginning of April.
As a result of the conflict, Air Canada has announced plans to suspend service to New York’s John F. Kennedy International Airport from June 1 to Oct. 25 in an effort to lower fuel costs.
Other airlines worldwide, including US carriers like United and Delta, as well as Air France-KLM, SAS, Philippine Airlines, and Cathay Pacific, have also made adjustments such as reducing routes and raising ticket prices or planning to do so if the situation with Iran continues to impact oil supply through the Strait of Hormuz.
Amid these uncertainties, travelers are advised to act quickly when booking flights, as waiting for the conflict to end may lead to higher prices. It may take months for jet fuel production to return to normal levels even after a ceasefire or peace agreement is reached.
Booking a refundable ticket and being flexible with travel dates can help mitigate risks of price fluctuations. Additionally, travelers can explore alternative departure airports and destinations to find more affordable options.
For those looking to save on airfare, sticking to a carry-on bag, redeeming airline points, and exploring travel credit cards for sign-up bonuses can be beneficial strategies.
