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British Airways Warns Ticket Prices Must Rise as Aviation Fuel Costs Double Since February

2026-06-07 08:13:45

According to Financial Times, British Airways CEO Sean Doyle warned on June 7 during the International Air Transport Association annual meeting that ticket prices must rise if aviation fuel costs remain elevated. Fuel prices have doubled since the Iran conflict began in February, with the Strait of Hormuz closure disrupting approximately 40% of Europe's aviation fuel supply. Competitor Virgin Atlantic has already imposed fuel surcharges of 50 pounds on economy fares, 180 pounds on premium economy, and 360 pounds on business class.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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IATA Chief Warns More Airlines Will Fail Amid Rising Fuel Costs

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