British Airways to reward pilots for cutting fuel as airlines tackle higher costs

Jet fuel prices surged about 106% month-over-month in the week ended March 20, according to IATA data. The sharp rise is a material cost shock for airlines and travel operators, likely to pressure margins, encourage fuel hedging or surcharges, and could feed through to higher ticket prices and broader inflationary pressures in the travel sector.

Analysis

Jet fuel prices surged about 106% month-over-month in the week ended March 20, according to IATA data. The sharp rise is a material cost shock for airlines and travel operators, likely to pressure margins, encourage fuel hedging or surcharges, and could feed through to higher ticket prices and broader inflationary pressures in the travel sector.